Chapter 18 Distributions Assignment 2 Question: In each of the following situations complete the blanks

Chapter 18 Distributions Assignment 2 Question: In each of the following situations complete the blanks Distribution (cash) S/H Basis in Stock Corporate E&P Dividend Return of Capital Capital Gain 10,000 150,000 220,000 220,000 30,000 20,000 20,000 120,000 150,000 200,000 50,000 50,000 800,000 8,000 90,000 120,000 190,000 120,000 400,000 10,000 10,000