Clampett, Inc., has been an S corporation since its inception. On July 15, 2020, Clampett, Inc., distributed $51,000 to J. D. His basis in his Clampett, Inc., stock on January 1, 2020, was $46,500. For 2020, J. D. was allocated $11,500 of ordinary income from Clampett, Inc., and no separately stated items. What is J. D.'s basis in his Clampett, Inc., stock after all transactions in 2020? a. $40,000.
b. $21,000.
c. $2,000.
d. $14,000.
e. None of the choices are correct.

Identify the three components of a family's culture and provide one example from your own experience

According to the textbook chapter, “the emotional connection of distinguishing differences and conflict”, which of the following groups of terms describes best the skills/resources that managers need when managing differences in their organization? energy, commitment, tolerance, and appreciation energy, adequate funding, tolerance, and appreciation funding, tolerance, a strong hr department, and tolerance energy, a strong hr department, patience, and strong leadership skills

Hank itzek manufactures and sells homemade wine, and he wants to develop a standard cost per gallon. the following are required for production of a 70-gallon batch. 2,700 ounces of grape concentrate at $0.04 per ounce 77 pounds of granulated sugar at $0.43 per pound 133 lemons at $0.79 each 350 yeast tablets at $0.24 each 350 nutrient tablets at $0.14 each 2,500 ounces of water at $0.001 per ounce hank estimates that 4% of the grape concentrate is wasted, 9% of the sugar is lost, and 32% of the lemons cannot be used. compute the standard cost of the ingredients for one gallon of wine. (round intermediate calculations and final answer to 2 decimal places, e. g.