Carlota and Dave formed an corporation; Carlota owns 75% of the outstanding shares, and Dave owns the rest. When the entity's AAA balance is $1,000,000, it distributes an asset to each shareholder; the basis of each asset to the corporation is $105.000. Carlota's asset is worth $147,000, and Dave's is worth $126,000 a. How much gain, if any, does the the corporation recognize as a result of the distribution? | b. By how much, if any, does the distribution increase Dave's gross income? c. By how much, if any, does the distribution Increase Carlota's grors income? :/