Camel, Inc. made a $10,000 distribution on September 1 this year to its sole shareholder, Becker. Becker has a basis in her stock of $15,000. Determine the tax consequences to Becker for the following situation. Determine the tax consequences to Camel Inc. in the following situation by answering A., B., & C.

Distribution	CE&P	AE&P	Dividend	ROC	Capital Gain
$10,000	($24,000)	($20,000)	?	?	?

1. Determine Camel Incs., Dividend, ROC, and Capital Gain in the following situation. (in $ amt)
2. Determine Camel Incs., ending stock basis. (In dollar amount)
3. Determine Camel Incs., Accumulated E&P, beginning of next year. (In dollar amount)