Check my w Required information [The following information applies to the questions displayed below.) Part 1 of 3 10 Jayhawk Company reports urrent E&P of $310,000 and a deficit in accumulated E&P of ($282,500). Jayhawk distributed $505,000 to its sole shareholder, Christine Rock, on the last day of the year. Christine's tax basis in her Jayhawk stock is $128,750. (Leave no answer blank. Enter zero if applicable. Negative amount should be indicated by a minus sign.) points Skipped a. How much of the $505,000 distribution is treated as a dividend to Christine? eBook Hint Dividend Print References b. What is Christine's tax basis in her Jayhawk stock after the distribution? Tax basis c. What is Jayhawk's balance in accumulated E&P on the first day of next year? Balance in accumulated E & P at the beginning of next year