Circle Corporation has 1,000 shares of common stock outstanding. Circle redeems 450 shares owned by Dennis for $75,000 in complete redemption of Dennis's interest. The redemption qualifies as a sale. When the redemption is made, Circle Corporation has $150,000 of current and accumulated E&P and paidin capital of $50,000. The distribution reduces paidin capital by

A.$0.

B.$7,500.

C.$22,500.

D.$67,500.