12. Swallow, Inc., is going to make a distribution of $700,000 to shareholder Marjean who is in the 35% tax bracket. a. Determine the tax liability to Marjean if the form of the distribution is a dividend. b. Determine the tax liability to Marjean if the form of the distribution is a stock redemption. Assume Marjean's adjusted basis for the stock redeemed is $200,000 and that she has owned the stock for five years