Problem 18-54(LO 18-4)(Algo) Acme Corporation has 1,000 shares outstanding. Joan and Tin are...

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Accounting

Problem 18-54(LO 18-4)(Algo)
Acme Corporation has 1,000 shares outstanding. Joan and Tin are married, and each of them owns 20 shares of Acme.
Joan and Tin's daughter, Kara, also owns 20 shares of Acme. Joan is an equal partner with Jeri in the J&J partnership, and
this partnership owns 70 shares of Acme. Jeri is not related to Joan or Tin. How many shares of Acme is Kara deemed to
own under the stock attribution rules?
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