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Geneva Corporation, a Privately-Held Company, Has One Class of Voting

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Geneva Corporation, a privately-held company, has one class of voting common stock, of which 1,000 shares are issued and outstanding. The shares are owned as follows:
Madison has a 20 percent interest in the partnership. The remaining 80 percent is owned by unrelated individuals. Madison owns 40% of Packer Corporation. The other 60 percent is owned by her father.
How many shares of stock is Madison deemed to own under the family attribution rules in a stock redemption?
 Madison Chees eman 350 Brewer Partnership 250 Brett Chees eman (Madisor’s granddaughter) 100 Packer Corporation 300 Total 1,000\begin{array} { | l | r | } \hline \text { Madison Chees eman } & 350 \\\hline \text { Brewer Partnership } & 250 \\\hline \text { Brett Chees eman (Madisor's granddaughter) } & 100 \\\hline \text { Packer Corporation } & 300 \\\hline \text { Total } & 1,000 \\\hline\end{array}

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800
Explanation: Madison is deemed to ow...

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