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TEST 2-B-Each problem worth 17 points. Show all your claculations. Prob 1 In each of the following independent situations, indicate taxable distribution and return of

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TEST 2-B-Each problem worth 17 points. Show all your claculations. Prob 1 In each of the following independent situations, indicate taxable distribution and return of capital Accumulated Current Year End Beginning of year E&P Distribution a b $0 $40,000 $20,000 -$35,000 $40,000 $40,000 -$25,000 $60,000 $15,000 $40,000 $55,000 $60,000 d

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