Khry Corporation distributes property (basis $10,000 and FMV $20,000) to its shareholder. Khry Corporation recognizes...
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Accounting
Khry Corporation distributes property (basis $10,000 and FMV $20,000) to its shareholder. Khry Corporation recognizes a gain of (1) and its E&P is increased by (2) and decreased by (3) .
$0, $0, and $20,000
$20,000, $10,000, and $10,000
$20,000, $0, and $0
$10,000, $10,000, and $20,000
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