At the start of the current year, Blue Corporation (a calendar year taxpayer) has accumulated E \& P of $220,000. Blue's current E \& P is $132,000, and at the end of the year, it distributes $440,000 (\$220,000 each) to its equal shareholders, Pam and Jon. Pam's stock basis is $30,800; Jon's stock basis is $123,200. How is the distribution treated for tax purposes? If an amount is zero, enter "0". Pam has the following: Dividend income: Capital gain: \$ Stock basis after distribution: $ Jon has the following: Dividend income: Capital gain: \$ Stock basis after distribution: