During the year, X Corporation distributed $25,000 on March 1 and $75,000 on October 1.As long as X Corporation has accumulated earnings and profits of at least $100,000 at the beginning of the year, both distributions will be treated as dividends.

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The Answer of During the year, X Corporation distributed $25,000 on March 1 and $75,000 on October 1.As long as X Corporation has accumulated earnings and profits of at least $100,000 at the beginning of the year, both distributions will be treated as dividends.

During the Year, X Corporation Distributed $25,000 on March 1