At the beginning of $2019,$ Daniel owns $100\%$ of the stock of Onion Corp. His Basis in the stock is $5,000.$ On July $1,2019$ Daniel Sells all his shares to Kevin for $$35,000.$ During the

current year, Onion Corp makes two distributions: $60,000$ on March $1$ to Daniel and $40,000$ on Sept $1$ to Kevin. Calculate Dividends, Return of Capital and Capital Gain given the

following Fact Pattern