At the beginning of the year, Myrna Corporation (a calendar year taxpayer) has E & P of $169,550. The corporation generates no additional E & P during the year. On December 31, the corporation distributes $254,325 to its sole shareholder, Abby, whose stock basis is $50,865. 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: Capital gain: Stock basis after the distribution:

Please answer the 4 required fields of the problem, thanks!