Much of distribution is treated as dividend
Bruin Company reports current E&P of $200,000 in 20X3 and accumulated E&P at beginning of the year of $100,000. Bruin distributed $400,000 to its sole shareholder upon January 1, 20X3. How much of distribution is treated as dividend in 20X3?
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Bruin Company reports current E&P of $200,000 in 20X3 and accumulated E&P at beginning of the year of $100,000. Bruin distributed $400,000 to its sole shareholder upon January 1, 20X3. How much of distribution is treated as dividend in 20X
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