Caramel Corporation has $5,000 shares of stock outstanding. In a qualifying stock redemption, Caramel distributes $145,000.00 in exchange for 1,000 of its shares. Caramel has paid-in-capital of $80,000 and E & P of $300,000.

The result of this redemption is a $________ charge to E & P and a $_________ reduction of the Caramel's paid-in-capital account.