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Holbrook, a calendar year S corporation, distributes $15,000 cash to its...

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Accounting

Holbrook, a calendar year S corporation, distributes $15,000
cash to its only shareholder, Cody, on December 31. Codys basis in
his stock is $20,000, Holbrooks AAA balance is $8,000, and
Holbrook has $2,500 AEP before the distribution. According to the
distribution ordering rules, complete the chart below.If an amount is zero, enter "0".

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