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  3. (b) determine the components of the distribution t

(B) Determine the components of the distribution to the shareholder. (C) Compute the...

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Accounting

(B) Determine the components of the distribution to the shareholder.
(C) Compute the taxable capital gain or allowable capital loss on the disposition of Ms. Bast's
shares on the winding-up.(Assume the adjusted cost base of Ms. Bast's common shares is
$100,000.)
(D) Explain the conditions for and advantages of using a section 22 election.
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