Hogg corporation distributes $30,000 to its sole shareholder, ima. at the time of the distribution, hogg's e& p is $14,000 and ima's basis in her stock is $10,000. ima's gain from this transaction is aa.$14,000 capital gain. b.$6,000 capital gain. c.$20,000 capital gain. d.$30,000 capital gain.

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About 20 years ago, sturdy light, inc., produced a sturdy, lightweight backpack in a market that was rapidly growing. sturdy light became a leader in this market. eventually, the backpack market reached the maturity stage and slowed down. however, by this time, sturdy light had developed a strong brand name and continued to steadily lead the market. which of the following describes this scenario? a. sturdy light was a star that developed into a cash cow. b. sturdy light was a question mark that developed into a star. c. sturdy light was a dog that developed into a question mark. d. sturdy light was a cash cow that developed into a star.

Bruno's pizza restaurant makes full payment of $8,300 on an account payable to stella's cheese co. stella's would record this transaction with a