Field Corporation reported current earnings and profits for 20X3 of $500,000. During the year, the company made a distribution of land to its sole shareholder, Mary. i. The land's fair market value was $130,000 and its adjusted basis in Field was $80,000. ii. Mary assumed a mortgage attached to the land of $25,000. a. What amount of dividend income does Mary report because of the distribution (assume sufficient E&P for dividend treatment)? b. What is Mary's income tax basis in the land received from Field? c. What is the result for Field Corporation's taxable income? d. What is Field Corporation's Accumulated E&P reduction? Enter as a positive number.