Assume the following year 2 income statement for Johnstone Corporation, which was a C corporation in year 1 and elected to be taxed as an S corporation beginning in year 2. Johnstone's earnings and profits at the end of year 1 were $11.430. Marcus is Johnstone's sole shareholder, and he has a stock basis of $45,500 at the end of year 1. Johnstone Corporation Income Statement December 31, Year 2 Year 2 (s Corporation) Sales revenue $ 172,000 Cost of goods sold (40,500) Salary to owners (65,500) Employee wages (56,000) Depreciation expense (9,500) Miscellaneous expenses (4,550) Interest income 12,370 Overall net income $ 8,320 What is Johnstone's accumulated adjustments account at the end of year 2, and what amount of dividend income does Marcus recognize on the year 2 distribution in each of the following alternative scenarios? (Leave no answer blank. Enter zero if applicable.) a. Johnstone distributed $7,100 to Marcus in year 2. Accumulated adjustments account Dividend income b. Johnstone distributed $11,100 to Marcus in year 2. Accumulated adjustments account Dividend income c. Johnstone distributed $17,100 to Marcus in year 2. Accumulated adjustments account Dividend income d. Johnstone distributed $27,100 to Marcus in year 2. Accumulated adjustments account Dividend income