In each of the situation described in $($a$)$ through $($e$),$ assume that:

X corporation only has one shareholder for $2023,$ A $($an individual$)$ having a $$1,000$ stock basis.

X Corporation makes a single distribution to A of property on April $1,2023.$ The market value of the property is $$6,000$ and its adjusted basis is $$2,000.$

Assume: The corporate tax rate is $50\%$ and there is other taxable income for the year of $$1,000.$

Describe the federal income tax consequence to X Corporation and A under each of the following situation in $2023,$ aka $($Calculate the tax conseuqences for each scenario listed below$)$:

Accumulated E&P are $0$

Accumulated E&P are $8,000($negative $8$ thousand$)$

Accumulated E&P are $4,000$

Accumulated E&P are $4,000$ and the property distributed has an adjusted basis of $8,000$ instead of $2,000$

In general term, explain how your answer would change for sub questions a through d if A were a corporation