Marvin and Marshall own and operate MM Company,an electing S corporation.Marvin owns 75% and Marshall owns 25% of MM's stock.During the current year,MM has the following results:

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The Answer of Marvin and Marshall own and operate MM Company,an electing S corporation.Marvin owns 75% and Marshall owns 25% of MM's stock.During the current year,MM has the following results:

Marvin and Marshall Own and Operate MM Company,an Electing S