9 Required Information Part 1 of 2 The folloing Information applies to the questions displayed below Aggle Corporation made a distribution of $579,000 to Rusty Cedar In partal liquidation of the company on December 31 of this year. Rusty. an IndMdual, owns 100 percent of Aggle Corporation. The distribution was In exchange for 50 percent of Rusty's stock In the company. At the time of the distribution, the shares had a falr market value of $171 per share. Rusty's Income tax basls In the shares was $59 per share. Aggle had total E&P of $8.400,000 at the time of the distrlbution. points eBooka. What is the amount and character (capltal galn or dividend) of any Income or galn recognized by Rusty as a result of the partial lilquidation? Hint per share