At the beginning of the year SKYNT, Inc has a deficit in accumulated E&P of ($10,000). During the current year the corporation generates current E&P of $100,000. And Makes the following Distributions:

• Cash in the amount of $50,000 on 6/30
• Property with a FMV and Book Value equal to $100,000 on 12/31.

The shareholders total basis in their stock is $200,000.

Required: How much of the second distribution will the shareholders include in their current year income?