If a shareholder of an S-Corporation receives a cash distribution that exceeds the amount of basis she has in her S-Corp interest, which of the following statements represents the proper tax treatment for the excess portion of the distribution (assuming the holding period for the investment > 1 year)? Multiple Choice 0 The shareholder will treat the distributing in excess of her basis as capital gain The shareholder will treat the distribution in excess of her basis as ordinary income 0 C) The shareholder will not be taxed on the distribution in excess of her basis until she sells her partnership interest 0 The shareholder will never be taxed on the distribution in excess of her basis 0