Beginning in 2013,the AAA of Amit,Inc

question 72

Multiple Choice

Beginning in 2013,the AAA of Amit,Inc.,an S corporation,has a balance of $614,000.During the year,the following items occur. Amit's ending AAA balance is:

• A)$1,055,620.
• B)$1,185,150.
• C)$1,191,150.
• D)$1,242,150.
• E)Some other amount.

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Definitions:

Business

Activities of individuals or organizations engaged in the production, distribution, and sale of goods and services for profit.

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Data or facts that are directly obtained from firsthand sources, without any modification or interpretation.

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