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The stock of Small, Inc. is owned 50% each by Vera and Bob. Each has...

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Accounting

The stock of Small, Inc. is owned 50% each by Vera and Bob. Each has a basis in their stock of $10,000.
If Small redeems half of each sharholder's stock for $15,000 each, Vera will recognize which of the following?
$10,000 capital gain
$10,000 dividend
$15,000 capital gain
$15,000 dividend
None of the above.
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