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Acne Corporation has 1,000 shares outstanding. Joan and Tin are married, and each of them...

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Accounting

Acne Corporation has 1,000 shares outstanding. Joan and Tin are married, and each of them owns 20 shares of Acme. Jaon and Tin daugther, Kara alos owns 20 shares of Acme. Joan is an equal partner with Jeri in the J & J partnership and this partnership owns 60 shares of Acme. Jeri is not related to Joan or Tin. How many shares of Acme is Kara deemed to own under the stock attribution rules>

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