Oreo Corporation has accumulated E&P of $8,000 at the beginning of the current year. During the year (a nonleap year), the c
orporation incurs a current E&P deficit of$18,250. The corporation distributes $11,000 on March 20th to Morris, its sole shareholder, who has a $9,000 basis for his stock. If the exact loss cannot be determined as of the date of distribution, the treatment of the distribution will beA.$11,000 return of capital.B.$4,100 dividend and a $6,900 capital gain.C.$8,000 dividend and a $3,000 return of capital.D.$4,100 dividend and a $6,900 tax free return of capita
List three services provided by a travel agent that benefit a business person who travels overseas frequently? Familiarity with preferences for departure and return, seating is desirable and reliable
