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John Bonn - Sheppard, Mullin, Richter & Hampton LLP
David Cieslak  Board of Trustees President California CPA Education Foundation
John Bonn - Sheppard, Mullin, Richter & Hampton LLP

Taxable Sales of a Closely Held C Corporation      
                                                                              (also see Q&a on this topic)

David Anderson - Loeb & Loeb
with Guest : Doug Beck - Tuttle & Taylor