As of January 1, 2023, Helen Corporation (a calendar year taxpayer) had a positive balance in Accumulated Earnings And Profits (E&P) of $100,000. For the tax year of 2023, Helen Corporation's Current Earnings And Profits (E&P) was a "Deficit" (negative) ($60,000). On May 31, 2023, Helen Corporation distributed $120,000 to its sole shareholder. The amount of the distribution that is a Taxable Dividend Income to the shareholder is:

$ 75,000.$ 25,000.$100,000.$ 40,000