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23. Beginning in 2010, the AAA of Amit, Inc., an...

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23. Beginning in 2010, the AAA of Amit, Inc., an S corporation, has a balance of $725,000. During the year, the following items occur. Operating income $472,000 Interest income 6,500 Dividend income 14,050 Municipal bond interest income 6,000 Long-term capital loss from sale of investment land 7,400 Charitable contributions 19,000 Cash distributions to shareholders 57,000 Amit?s ending AAA balance is: a. $1,153,150. b. $1,134,150. c. $1,127,650. d. $1,126,750.,Hello, I have attached file with my assignment questions. Please let me know if you can help me with it. Thank you Alex,Hello, I have attached file with my assignment questions. Please let me know if you can help me with it. Thank you Alex

 

Paper#3286 | Written in 18-Jul-2015

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