34. LO.1, 3 Complete the following schedule for each case. Unless otherwise indicated, assume that the shareholders have ample basis in the stock investment.

	Accumulated E&P Beginning of Year	Current E & P	Cash Distributions (All on Last Day of Year)	Dividend Income	Return of Capital
a.	($200,000)	$ 70,000	$130,000	$______	$______
b.	150,000	(120,000)	210,000	______	______
c.	90,000	70,000	150,000	______	______
d.	120,000	(60,000)	130,000	______	______
e.	Same as (d), except that the distribution of $130,000 is made on June 30 and the corporation uses the calendar year for tax purposes.