At the beginning of the year, Myrna Corporation (a calendar year taxpayer) has E & P of $72,950. The corporation generates no additional E & P during the year. On December 31, the corporation distributes $109,425 to its sole shareholder, Abby, whose stock basis is $21,885. 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: $__________