The stock basis of $3,505 signifies the amount of money Alex initially invested in Hill...
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Accounting
The stock basis of $3,505 signifies the amount of money Alex initially invested in Hill Production Inc. This is the basis for the stock when on Schedule K-1 (Form 1120-S) has the following in Box 1 $1134, Box 4 $52, Box 16 code C $10 and code D $1000
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