Harold Hampter owns 100 percent of Clawson Company. Clawson's E&P is $500,000. Harold needs to withdraw $100,000 from the company. Which of the following transactions might be reclassified as a constructive (disguised) dividend?

$100,000 bonus; Harold's compensation (before the bonus) is $350,000, relatively equal to what other presidents of similarly sized companies earn.

$100,000 in return for a promissory note from Harold, due upon demand but not having a fixed due date.

$100,000 in return for property Harold would lease to the corporation.

$100,000 gift from the corporation to Harold.

All of the above.

Vaccines Corporation sold equipment used in its business to its sole shareholder Clancy Yarrow for $10,000. On the date of the sale, the fair market value of the equipment was $15,000 and Clancy's adjusted basis in his Vaccines Corporation stock was $12,000. What amount of the transfer is considered to be a dividend to Clancy?

$20,000

$5,000

$2,000

$0