Palmer Corporation has 1,000 distributes of beggarly supply uncollected owned by not everyied parties as follows: Jason, 300 distributes; Erin, 300 distributes; and Dawn, 400 distributes. Each of the three distributeholders paid $75 per distribute ce the Palmer supply 10 years past. Palmer has $800,000 of accumulated E & P, and $40,000 of popular E & P. In January of the popular year, Palmer distributes fix held as an bombardment (adjusted account of $260,000, untarnished barbring-about compute of $220,000) to Dawn in expiation of every 400 of her distributes. In December of the popular year, Palmer distributes securities held as an bombardment (adjusted account of $90,000, untarnished barbring-about compute of $110,000) to Erin in expiation of 200 of her distributes.
(I) What are the tribute results to Dawn on the expiation of her Palmer supply?
(II) What are the tribute results to Erin on the expiation of her Palmer supply?
(III) What bring-about or waste is ordinary by Palmer Corporation on the brace expiations?
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