Betancourt Corporation is a calendar-year taxpayer. All of the stock is owned by Austen. Her basis for the stock is $35,000. On March 1 (of a non-leap year), Betancourt Corporation distributes $120,000 to Austen. Determine the tax consequences of the cash distribution to Austen in each of the following independent situations (i.e. dividend, return of capital, capital gain. Impact on stock basis). Explain fully your answers.

Current E&P	Accumulated E&P
$30,000	$80,000
70,000	(50,000)
(100,000)	40,000
(20,000)	(50,000)