Constructive Ownership Rules. M, Inc.'s 1,000 shares of stock are owned as follows: Shareholder Shares in...

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Constructive Ownership Rules. M, Inc.'s 1,000 shares of stock are owned as follows: Shareholder Shares in D B. D, B's wife. F, B's brother 300 190 80 H, D's mother 70 J, Inc.. L, a partnersp N, a trust.. 110 120 130 Total 1,000 Both J, Inc. and L are owned 60% by B and 40% by F. N was established by H for the benefit of B's and D's children, ages 7 and 10. Determine the direct and indirect ownership interest in M, Inc. attributable to each of M's shareholders. Constructive Ownership Rules. M, Inc.'s 1,000 shares of stock are owned as follows: Shareholder Shares in D B. D, B's wife. F, B's brother 300 190 80 H, D's mother 70 J, Inc.. L, a partnersp N, a trust.. 110 120 130 Total 1,000 Both J, Inc. and L are owned 60% by B and 40% by F. N was established by H for the benefit of B's and D's children, ages 7 and 10. Determine the direct and indirect ownership interest in M, Inc. attributable to each of M's shareholders.

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