Carol, Bonnie, and Ann are sisters and own 30 shares, 30 shares, and 40 shares respectively in White Corporation. White Corporation has E & P of corporation redeems all of Bonnie's stock for $60,000. Bonnie paid $300 a share for the stock five years ago. With respect to the redemption which of the following statements is correct? $500,000. The a. Bonnie a long-term capital gain of $51,000. b. Bonnie has a long-term capital gain of $60,000. c. Bonnie has dividend income of $60,000. d. Bonnie has dividend income of $51,000. e. None of the above