B Corp. is an accrual-basis, calendar-year C corporation with a single individual shareholder, Ms. B. At year-end, B Corp. had $600,000 accumulated and current E&P as it prepared to make its only dividend distribution for the year to Ms. B. B Corp. could distribute either (i) cash of $200,000 or (ii) land with an adjusted tax basis of $75,000 and a fair market value of $200,000.

What would the comparative results be to Ms. B in receiving the cash vs. the land? Explain.