Cedar Corporation is a calendar year taxpayer formed in 2013.Cedar's E & P before distributions for each of the past 5 years is listed below.

Cedar Corporation made the following distributions in the previous 5 years.

Cedar's accumulated E & P as of January 1,2018 is:
A)$91,000.
B)$95,000.
C)$101,000.
D)$105,000.
E)None of the above.

Question

Cedar Corporation is a calendar year taxpayer formed in 2013.Cedar's E & P before distributions for each of the past 5 years is listed below.
​

Cedar Corporation made the following distributions in the previous 5 years.
​

Cedar's accumulated E & P as of January 1,2018 is:
A)$91,000. 
B)$95,000. 
C)$101,000. 
D)$105,000. 
E)None of the above.

Quizplus · Accepted Answer

The Answer of Cedar Corporation is a calendar year taxpayer formed in 2013.Cedar's E & P before distributions for each of the past 5 years is listed below.
​

Cedar Corporation made the following distributions in the previous 5 years.
​

Cedar's accumulated E & P as of January 1,2018 is:
A)$91,000. 
B)$95,000. 
C)$101,000. 
D)$105,000. 
E)None of the above.

Cedar Corporation Is a Calendar Year Taxpayer Formed in 2013