Yelena is a 45% owner of a calendar year S corporation name "Easy Corporation" during...
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Accounting
Yelena is a 45% owner of a calendar year S corporation name "Easy Corporation" during 2013. Her beginning stock basis is $230,000, and Easy corporation reports the following items.
Ordinary income
$72,000
Short-term capital gain
16,000
1231 loss
6,000
Tax-exempt interest income
5,000
Please calculate Yelena's stock basis at year-end.
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