At the beginning of the year, Myrna Corporation (a calendar year taxpayer) holds E & P of $151,150. The corporation generates no additional E & P during the year. On December 31, the corporation distributes $226,725 to its sole shareholder, Abby, whose stock basis is $45,345. How does the Federal income tax law treat this distribution?

If an amount is zero, enter "0".

As a result, the distribution Abby has the following: Dividend income: $151,150 Return of capital: Capital gain: $30,230 Stock basis after the distribution: $0

Could someone please explain how to find the Return of Capital? Thanks!