chapter 15 problems - Chapter 15 Problems...

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Chapter 15 Problems 25,26,28,30,32,39,46,53,60 25) 26) a 50,000 20,000 45,000 10,000 12,000 30,000 b 50,000 20,000 63,000 -30,000 -15,000 15,000 c 50,000 -14,000 44,000 30,000 -54,000 29,000 d 50,000 20,000 85,000 -30,000 50,000 21,000 e 50,000 15,000 60,000 210,000 a) Taxable portion 22,000 a) Taxable portion 70,000 return of capital 0 return of capital 0 Accumulated E&P 2012 -8,000 25,000 b) Taxable portion -45,000 return of capital 0 b) Taxable portion 70,000 Accumulated E&P 2012 -60,000 return of capital 0 7,000 c) Taxable portion -24,000 return of capital 53,000 c) Taxable portion 36,000 Accumulated E&P 2012 -53,000 return of capital 8,000 Accumulated E&P 2012 -8,000 d) Taxable portion 20,000 return of capital 1,000 d) Taxable portion 70,000 Accumulated E&P 2012 -1,000 return of capital 15,000 Accumulated E&P 2012 -15,000 e) Taxable portion 65,000 return of capital 0 5,000 28)Gross receipts form operations 500,000 a) 259,130 dividends received from 40%
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