Could you guys help me with this question? It's Taxation in Accounting. Thank you.

Please fill in the blanks in the table.

Dahl Corp. was organized and commenced operations in 2010. December 31, 2018, Dahl had accumulated earnings and profits of $15,000 before dividend declaration and distribution. On December 31, 2018, Dahl distributed cash of $40,000 and a vacant parcel of land investment property) to its three individual stockholders. At the date of distribution, the land had a basis of $5,000 and a fair market value of $40,000. The detail information of distribution and each stockholders' tax basis of their investment in the corporation are in the table below. Complete the empty cells in the following table by entering the amount and character of gain recognized by each stockholder and each shareholder's basis in the stock after distribution. Roger Smith Taylor Stock % 40% 30% 30% Basis in stock 30,000 30,000 0 Distribution Cash $32,000 Cash $ 8,000 Land: FMV 24,000 Land: FMV 16,000 Basis 3,000 Basis 2,000 Gain recognized Character of gain Basis in stock Jafter distribution