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urgent! QUESTION 10 The stock in Ludis Corporation is awned by Karlshrue and Mein, two (2) sisters. Karlshrue owms eighty percent (6ow) of the stock
urgent!
QUESTION 10 The stock in Ludis Corporation is awned by Karlshrue and Mein, two (2) sisters. Karlshrue owms eighty percent (6ow) of the stock of Ludis Corporation and Mein wht fwency percert (20w) of the stock of Ludis Corporation. One (1) year before liquidation of Lodis Corporation, Karlshrue transferfed property (basis of \$700.000. Fini Market Value of $50.000) to Ludis Corporation in excharige for stock in a Liquldation in 2022. Ludis Corporation transfers the property incw whith (Fair Marknt Value) t40,000) pro rata to Kartshue and Mein. What amount of Loss will tivdis Corporation recognite on the distribution? 12000 180. 5160,000 510,000 Step by Step Solution
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