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Amit,Inc,an S Corporation,holds an AAA Balance of $614,000 at the Beginning

Question 81

Multiple Choice

Amit,Inc.,an S corporation,holds an AAA balance of $614,000 at the beginning of the tax year.During the year,the following items occur.

Amit,Inc.,an S corporation,holds an AAA balance of $614,000 at the beginning of the tax year.During the year,the following items occur. ​   Amit's ending AAA balance is: A) $1,055,620. B) $1,185,150. C) $1,191,150. D) $1,242,150. E) Some other amount.
Amit's ending AAA balance is:


A) $1,055,620.
B) $1,185,150.
C) $1,191,150.
D) $1,242,150.
E) Some other amount.

Correct Answer:

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