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the answer is not $2,606,500 or $2,918,467 or $2,204,000. Croyden is a calendar year, accrual basis corporation. Mr. and Mrs. Croyden (cash basis taxpayers) are

the answer is not $2,606,500 or $2,918,467 or $2,204,000. Croyden is a calendar year, accrual basis corporation. Mr. and Mrs. Croyden (cash basis taxpayers) are the sole corporate shareholders. Mr. Croyden is president of the corporation, and Mrs. Croyden is 2 answers

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