Dustin, Dan, and Dennis operate Heritage Hills dry cleaners as an S corporation. Dustin owns 50% of the business, Dan 30%, and Dennis 20%. For the current year, Heritage Hills reports the following: How must Heritage Hills report its results to each of the owners?

Question

Dustin, Dan, and Dennis operate Heritage Hills dry cleaners as an S corporation. Dustin owns 50% of the business, Dan 30%, and Dennis 20%. For the current year, Heritage Hills reports the following:  How must Heritage Hills report its results to each of the owners?

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The Answer of Dustin, Dan, and Dennis operate Heritage Hills dry cleaners as an S corporation. Dustin owns 50% of the business, Dan 30%, and Dennis 20%. For the current year, Heritage Hills reports the following:  How must Heritage Hills report its results to each of the owners?

Dustin, Dan, and Dennis Operate Heritage Hills Dry Cleaners as an S