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FG Inc. distributed land to an individual shareholder in a nonliquidating distribution. On the date the land was distributed, EFG Inc.'s adjusted basis in the land was $20,000, the fair market value of the land was $75,000, and the land was encumbered by a $35,000 mortgage, which liability was assumed by the shareholder. The corporation's earnings and profits were $300,000 when it distributed the land. As a result of the distribution, the amount of dividend income to the shareholder, and the shareholder's basis in the distributed property, are as follow: a. Dividend income of $20,000 and basis of $20,000.b. Dividend income of $40,000 and basis of $20,000.c. Dividend income of $40,000 and basis of $40,000.d. Dividend income of $40,000 and basis of $75,000.
Define the differences between judicial restraint and judicial activism. Which one would be considered liberal and which one would be conservative.
Critically discuss some examples of how the presence of institutionalism shaped the movement? What would the movement have been like if there was no presence of institutionalism?
Analyze and interpret the following quotation: "Worldwide, non-Western cultures faced fundamental challenges to their cultural identities" not so much a re-centering of culture but a decentering of culture
"The important achievement of Apollo was demonstrating that humanity is not forever chained to this planet and our visions go rather further than that and our opportunities are unlimited." Neil Armstrong
Explain the elements and functions of god myths. Also summarize the elements and functions shared by female and male divine
I want assist composing an extensive document about the effect the actual press is wearing the actual integrity of people, company as well as federal government.
Conducting unstructured and structured interviews, talking with key informants, making naturalistic observations, engaging in participant observation, and collecting quantitative and qualitative data are all parts of a research design
Nicole learns the formula "E = mc2" by repeating it to herself over and over again. Which one of the following processes is Nicole most clearly demonstrating?
Imagine that you have decided to become a complete vegetarian, giving up all meat, poultry, and fish. Using what you know about food protein, use your first posting to describe how you plan to make sure you are getting all the required amino acids..
Calculate the potential energy of an object that has a mass of 100 kilograms and falls a distance of 100 meters from a cliff. given: mass = 100 kilograms g = 10 m/s (subscript) 2 height = 100 m
What were the effects of the printing press on music and composers? If the Renaissance is thought to represent a rebirth or new birth, how is this reflected in the music of the Renaissance? What was the role of music during the Renaissance? How was i..
Information literacy is critically important in this contemporary environment
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