In 2021, Emily receives a distribution of $125,000 from her wholly owned calendar year corporation. As of January 1,2021 , the corporation has accumulated E \& P of $15,000 and for 2021 has current E \& P of $65,000. Emily's basis in her stock is $35,000. Answer the following to indicate the character of the distribution to Emily. Emily will recognize the $125,000 distribution as follows: Dividend income: $ Return of capital: \$ Capital gain: $