8.On January 1, Coockies R Us Corporation (a calendar year taxpayer) has accumulated E & P of $60,000. During the year, Coockie incurs a net loss of $100,000 from operations that accrues ratably. On June 30, Coockie distributes $25,000 to Mrs Baker, its sole shareholder. How much of the $25,000 represents ordinary dividend income to Mrs. Baker? (Please show your calculations.)

a. $0.

b. $5,000.

c. $10,000.

d. $25,000.

e. None of the above