provide step by step and explaination of calculate Given the following information, determine the dividend, return of

provide step by step and explaination of calculate

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Given the following information, determine the dividend, return of capital and return on capital in each situation, as well as accumulated E&P on January 1, 2023. Further assume that Les Paul is the sole shareholder and his stock basis at the beginning of the year was $7,000 2022 January 1, 2022 Distribution(s) Current E&P AE&P Amount Date a. $10,000 $12,000 $27,000 1/01/22 b. 50,000 20,000 63,000 7/01/22 C. 50,000 (15,000) 60,000 7/01/22 d. (30,000) (15,000) 15,000 6/01/22 e. 30,000 (54,000) 29,000 12/31/22 f. (30,000) 50,000 (1) 21,000 7/01/22 (2) 21,000 12/31/22 Given the following information, determine the dividend, return of capital and return on capital in each situation, as well as accumulated E&P on January 1, 2023. Further assume that Les Paul is the sole shareholder and his stock basis at the beginning of the year was $7,000 2022 January 1, 2022 Distribution(s) Current E&P AE&P Amount Date a. $10,000 $12,000 $27,000 1/01/22 b. 50,000 20,000 63,000 7/01/22 C. 50,000 (15,000) 60,000 7/01/22 d. (30,000) (15,000) 15,000 6/01/22 e. 30,000 (54,000) 29,000 12/31/22 f. (30,000) 50,000 (1) 21,000 7/01/22 (2) 21,000 12/31/22