Given the following information, please calculate the details of

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June 8th, 2024

Given the following information, please calculate the details of the distributions made to the owners of the corporation.a. Alice-30%, basis: 250,000b. Bob- 30%, basis: 150,000c. Charlie- 10%, basis: 80,000d. Doug-30%, basis: 200,000The company has E & P of $750,000.There are multiple levels of distributions made, please calculate the distributions for each of the following amounts:a. The total distributions are $825,000b. The total distributions are $1,500,000.c. The total distributions are $500,000.

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