Beaver Gas Company reports current E&P of $100,000 in 2022 and accumulated E&P at the beginning of the year of $200,000. Beaver distributed $400,000 to its sole shareholder Mary L. on January 1, 2022. The shareholder's tax basis in her stock in Beaver is $200,000. How is the distribution treated by the shareholder in 2022? $400,000 dividend $100,000 dividend, $200,000 tax-free return of basis, and $100,000 capital gain $200,000 dividend and $200,000 tax-free return of basis $300,000 dividend and $100,000 tax-free return of basis