Determine the portion of each of the following distributions that should be recorded as either dividend income or return of capital.

a. Accumulated E&P at the beginning of the year ($300,000)

Current E&P 100,000

Cash Distribution on 12/31/2014 150,000

b. Accumulated E&P at the beginning of the year $200,000

Current E&P (100,000)

Cash Distribution on 12/31/2014 250,000

c. Accumulated E&P at the beginning of the year $ 80,000

Current E&P 70,000

Cash Distribution on 12/31/2014 140,000

d. Accumulated E&P at the beginning of the year $ 150,000

Current E&P (70,000)

Cash Distribution on 6/30/2014 100,000