Question: Assuming that the cooperative does not qualify for section 5 2 1 and does not distribute patronage to non - members, what is the cooperative's

Assuming that the cooperative does not qualify for section 521 and does not distribute patronage to non-members, what is the cooperative's taxable income if
a. It retains all its net margin as unallocated reserves?
b. It returns all of member generated margins as cash patronage?
c. It retums 50% of member generated margins in cash and 50% as qualified stock
d. It retums 50% of member generated margins in cash and 50% as non-qualified stock?
Assuming that the cooperative does not qualify

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