At the beginning of the year, Myrna Corporation (a calendar year taxpayer) has E & P of $47,650. The corporation generates no additional E & P during the year. On December 31, the corporation distributes $71,475 to its sole shareholder, Abby, whose stock basis is $14,295 If an amount is zero, enter "O As a result the distribution Abby has dividend income of $ 47,650 and a taxable capital gain of $ 23,825X . Abby's stock basis is$ 14,295X after the distribution