OPINION.
ARNOLD, Judge.
Respondent determined a deficiency of $176.83 in petitioner's excess profits tax liability for the taxable year ended November 30, 1941. The sole issue is whether the sum of $105,000 representing the value of stock dividends issued in prior years should be included in petitioner's equity invested capital for excess profits tax purposes. Two other errors alleged by the petitioner were withdrawn.
The stipulated facts...
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