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You Are Given the Following Facts About a 40% Owner

question 37

Multiple Choice

You are given the following facts about a 40% owner of an S corporation,and you are asked to prepare her ending stock basis. You are given the following facts about a 40% owner of an S corporation,and you are asked to prepare her ending stock basis. A) $71,600. B) $74,120. C) $76,220. D) $78,920.

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