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SoSo Co., a calendar year C-corp., has a beginning of year accumulated E & P balance of $30,000 and current year E & P deficit of $12,000. On June 30, the corporation makes a $29,000 distribution to its sole shareholder. How much of this distribution is considered a dividend to the shareholder?a)$29,000b)$28,000c)$30,000d)$24,000

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