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Purple Corporation has accumulated E & P of $100,000 on January 1, 2012.In 2012, Purple has current E & P of $130,000 (before any distribution) .On December 31, 2012, the corporation distributes $250,000 to its sole shareholder, Cindy (an individual) .Purple Corporation's E & P as of January 1, 2013 is:
Emotional Response
A complex reaction pattern involving experiential, behavioral, and physiological elements, by which an individual attempts to deal with a personally significant matter or event.
Cognitive Aspect
Refers to the mental processes involved in gaining knowledge and comprehension, including thinking, knowing, remembering, and problem-solving.
Richard Lazarus
A psychologist who was a pioneer in the study of emotion and stress, especially in the context of cognitive appraisal.
Theory of Emotion
A psychological framework that attempts to explain the complex relationships between cognitive processes, physiological responses, and the experience and expression of emotions.
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