Complete the following schedule for each case. Unless otherwise indicated, assume that the shareholders have ample basis in the stock investment. All taxpayers use a calendar tax year.

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Accumulated E & P Beginning of Cash Distributions (All on Last Dividend Current E & P Day of Y Income Return of Capital Year a. ($200,000 70,000 b, 0,000 90,000 120,000 (120,000) 70,000 (60,000) $130,000 210,000 150,000 130,000 d. e. Same as (d), except that the distribution of $130,000 is made on June 30