A corporation has $9,000 of current E&P and $1,500 of accumulated E&P. If it distributes $10,000 in May and $5,000 in August, how much of each distribution is a dividend?

 

A corporation has a deficit in accumulated E&P of ($8,000) and has $20,000 of current E&P. It distributes $32,000. How much of the distribution is a dividend? 

A corporation has a deficit in current E&P of ($6,000) for the year, and has $11,000 of accumulated E&P as of the first of the year. It distributes $12,000 on August 1. How 

much of the distribution is a dividend?