Assume that at the end of 2021, Jett, Inc (ans corporation) distributes cash or $15,000 to each of its four equal shareholders (aggregate distribution of $60,000). At the time of the distribution, Jett, Inc, has no corporate earnings and pronts and U.D. has a basis of $50,000 in his Jett, Inc., stock How much income does JD. recognize as a result of the distribution? O 50 O 510,000 O $30,000 O $35.000