Green Corporation (a calendar year taxpayer) had a deficit in accumulated E & P of $250,000 at the beginning of the current year. Its net profit for the period January 1 through July 30 was $300,000, but its E & P for the entire taxable year was only $40,000. If Green made a distribution of $60,000 to its sole shareholder on August 1, how would the shareholder be taxed?

Assume the shareholder has a basis in the stock of $ 25,000. If an amount is zero, enter "0".

The shareholder has dividend income of $fill in the blank 1, return of capital of $fill in the blank 2 and capital gains of $fill in the blank 3.