Aero Corporation is a calendar year taxpayer. Adam owns one-third (100 shares) of Aero stock. His basis in the stock is $15,000. Heidi owns two-thirds (200 shares) of Aero stock. Her basis in the stock is $45,000. On June 10 of the current year, Aero distributes $30,000 to Adam and $50,000 to Heidi. Read the requirements. Requirement a. Determine the tax consequences of the cash distributions to Adam and Heidi if current E&P is $65,000 and accumulated E&P is $120,000. (Complete all input fields. For zero amounts, make sure to enter "0" in the appropriate input field. Use parentheses or a minus sign for losses.) Distribution Dividend income Remaining distribution Return of capital Capital gain (loss) Remaining stock basis Adam Heidi Requirements Determine the tax consequences of the cash distributions to Adam and Heidi in each of the following independent situations: a. Current E&P of $65,000; accumulated E&P of $120,000. b. Current E&P of $26,000; accumulated E&P of $15,000