Multiple Choice
Patrick,an attorney,is the sole shareholder of Gander Corporation.Gander is a personal service corporation with a fiscal year ending November 30.The corporation paid Patrick a salary of $180,000 during its fiscal year ending November 30,2012.How much salary must Gander pay Patrick during the period December 1 through December 31,2012,to permit the corporation to continue to use its fiscal year without negative tax effects?
A) $0.
B) $30,000.
C) $165,000.
D) $180,000.
E) None of the above.
Correct Answer:

Verified
Correct Answer:
Verified
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