At the beginning of the year, Myrna Corporation (a calendar year taxpayer) has E & P of $69,500. The corporation generates no additional E & P during the year. On December 31, the corporation distributes $104,250 to its sole shareholder, Abby, whose stock basis is $20,850. How is the distribution treated for tax purposes? If an amount is zero, enter "0 As a result the distribution Abby has the following: . Dividend income: . Return of capital: 69,500 Capital gain: . Stock basis after the distribution: 13,900