When you said they had a $50,000 profit, but had no money in the bank because they spent $50,000 on equipment, my assumption was that the section 179 expense election was not claimed. If there was $100,000 profit, and $50,000 was invested in equipment, with no distributions, there would’ve been $50,000 in the bank. Your facts don’t line up. But who cares? This was not the poster’s question anyway. And I have no intention of continuing conversation with pompous jerk like you. Your comments have been reported. If this is the way professionals deal with each other in this group, I will have no part of it. If someone has a difference of opinion, it is possible to handle that difference of opinion without insults. We have all been wrong before, and we will all be wrong again.