Question: Please answer question and show work PROBLEM 1: A distribution of money is made from an S corporation to its sole shareholder. Determine the tax

Please answer question and show work

PROBLEM 1: A distribution of money is made from an S corporation to its sole shareholder. Determine the tax consequences by completing the table below. In each case the shareholder's basis is $125,000 at the time of the distribution. mum_ 250000 ___ 250.000 50,000 __ 150,000 250,000 150,000 250,000 200,000

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