55.Marcus owned 200 shares (100 percent) of Sterling Company's common stock. His basis in the shares was $12,000.In 2017,Sterling issued a preferred stock dividend to Marcus.The 50 shares he received had a fair market value of $10,000. Sterling's E&P in2017 was $8,000.The fair market value of the common stock was $20,000 immediately after the dividend.In 2020, when Sterling's E&P was $15,000, Marcus sold the 50 shares of preferred stock to an unrelated party for$9,00o. What are the tax consequences of these transactions to Marcus?