As of December 31, 2021, TJ Smoothie Co, Inc. generated $150,000 of revenue. For the same period, TJ Smoothie Co., Inc. had the following expenses: $25,000 in food ingredients $1,000 signing bonus to Paula $2,000 in cups / straws / utensils $2,500 in meals & entertainment $5,000 in equipment (juice presses, blenders, etc.) $1,000 in utilities $10,000 in employee salary $2,000 in tax exempt municipal bond interest $3,000 federal income taxes paid c) Assume for this question only that TJ Smoothie had no current E&P at the beginning of 2023, and had $10,000 accumulated E&P, and Tom purchased his TJ Smoothie stock five years ago and his basis is $5,000. Also assume that TJ Smoothie owned land with FMV of $40,000 and AB of $20,000. In 2o23, TJ Smoothie distributes the land to Tom. What are the consequences to Tom and TJ Smoothie