Connie's Restaurant has been an S corporation since it was formed in 2006. Its results for the previous year are as follows:
Gain on the sale of
What are Connie's separately stated items? What is the S corporation's ordinary income?

Question

Connie's Restaurant has been an S corporation since it was formed in 2006. Its results for the previous year are as follows:
  Gain on the sale of
  What are Connie's separately stated items? What is the S corporation's ordinary income?

Quizplus · Accepted Answer

The Answer of Connie's Restaurant has been an S corporation since it was formed in 2006. Its results for the previous year are as follows:
  Gain on the sale of
  What are Connie's separately stated items? What is the S corporation's ordinary income?

Connie's Restaurant Has Been an S Corporation Since It Was