Which of the following will "not reduce the amount of Accumulated Taxable Income for purposes of computing the Accumulated Earnings Tax (Section 531)? O A Consent Dividend. O A Deficiency Dividend. A Cash Dividend paid within two and one-half months (2 1/2) after the end of the tax year. A Cash Dividend paid during the tax year.

Charla Corporation is owned eighty percent (80%) by Jeanette and twenty percent (20%) by Victoria who are unrelated to each other. Pursuant to a Complete Liquidation, Charla Corporation distributed Land that had a Fair Market Value on the date of distribution of $100,000 and a basis to Charla Corporation of $600,000. The Land was acquired by Charla Corporation in a Section 351 Transfer two (2) years ago from Victoria when its Fair Market Value was $700,000. (Assume that there was no business purpose for the transfer). Pursuant to the Complete Liquidation, the Land is distributed proportionately (pro-rata) to Jeanette and Victoria (ie. eighty percent (80%) to Jeanette and twenty percent (20%) to Victoria). The Recognized Loss to Charla Corporation is: S 40.000. O $ 0 $100,000. $200,000.