What is moe inc. accumulated e and p

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Question: Moe Inc was formed 1/1/2016. Reviewing history we find 2016 - Current E&P of 20,000 with Distributions of 6,000. 2017, 2018 and 2019 each had Current E&P of $5,000, yearly. In 2020 Current E&P was 20,000. Looking at distributions we see 7,000 in 2017; 8,000 in 2018 and 9,000 in 2019. No distributions were made in 2020. What is Moe Inc's Accumulated E&P at 1/1/2021?

Reference no: EM133320548

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