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This is the same question in two different variations (positives and negatives) please explain both ways. ACC 6073 Advanced Tax Homework 2 Z Inc. has

This is the same question in two different variations (positives and negatives) please explain both ways.image text in transcribed

image text in transcribed ACC 6073 Advanced Tax Homework 2 Z Inc. has the following information: Current E\&P Accumulated E\&P Cash Distributions to Shareholders on September 1 (20,000) Shareholder Basis in Stock 30,000 15,000 Complete the following items: Dividend Income to Shareholder Return of Capital to Shareholder Capital Gain Income to Shareholder Ending E\&P of Z Inc. Ending Shareholded Basis in Stock ACC 6073 Advanced Tax Homework 2 Z Inc. has the following information: Current E\&P Accumulated E\&P Cash Distributions to Shareholders Shareholder Basis in Stock Complete the following items: Dividend Income to Shareholder Return of Capital to Shareholder Capital Gain Income to Shareholder Ending E\&P of Z Inc. Ending Shareholded Basis in Stock

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