Severity: Warning
Message: fopen(/home/answnniz/solutionspile.com/system/sessions/ci_session6645293cc0f712e855a15d3cd8f374a763d5a54e): failed to open stream: Disk quota exceeded
Filename: drivers/Session_files_driver.php
Line Number: 176
Backtrace:
File: /home/answnniz/solutionspile.com/index.php
Line: 367
Function: require_once
Severity: Warning
Message: session_start(): Failed to read session data: user (path: /home/answnniz/solutionspile.com/system/sessions)
Filename: Session/Session.php
Line Number: 143
Backtrace:
File: /home/answnniz/solutionspile.com/index.php
Line: 367
Function: require_once
Husker Corporation reports a deficit in current E&P of ($200,000) in 20X3 and accumulated E&P at the beginning of the year of $300,000. Husker distributed $200,000 to its sole shareholder on December 31, 20X3. The shareholder's tax basis in her stock in Husker is $50,000. How is the distribution treated by the shareholder in 20X3? Multiple Choice $100,000 dividend and $100,000 tax-free return of basis $100,000 dividend, $50,000 tax-free return of basis, and $50,000 capital gain $0 dividend, $50,000 tax-free return of basis, and $150,000 capital gain $200,000 dividend