Gary owns $100$ percent of GSM Corporation stock with a FMV of $$30,000($basis of $$12,000).$ GSM distributes to Steven $$15,000$ of cash. If GSM$$s total earnings and profits is $$12,000,$ which of the following statements is true?

Group of answer choices

a$.$Steven reports $$15,000$ of dividend income

b$.$Gary reports a loss of $($$$15,000)$

c$.$Gary reports $$12,000$ of dividend income and reduces his stock basis by $$3,000$

d$.$ary reports a $$15,000$ capital gain

e$.$Gary reports dividend income of $$12,000$ and a capital gain of $$3,000$a$.$