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wynonna and dwight each own 5 0 % of dawg coporation, a calendar year taxpayer. Distributions from Dawg are $ 7 5 0 , 0

wynonna and dwight each own 50% of dawg coporation, a calendar year taxpayer. Distributions from Dawg are $750,000 to Wynonna on April 1 and $250,000 to Dwight on May 1 Dawg's current E & P is $300,000 and its accumulated E &P is $700,000. How much of the accumulated E &P is allocated to Dawg's Distribution?

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