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with AI: Determine the amount of (1) taxable dividend, (2) nontaxable distribution, and (3) capital gain, for the distributions made in each of the following

with AI: Determine the amount of (1) taxable dividend, (2) nontaxable distribution, and (3) capital gain, for the distributions made in each of the following cases: a. Corporate E&P of $20,000, shareholder stock basis of $24,000, distribution of $12,000. What are the calculations

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