In the current year, Graham Company reports current E&P of $95,000. Its accumulated E&P at the beginning of the year was $65,000. Graham distributed $180,000 to its sole shareholder on December 31 of this year. The shareholder's tax basis in the stock before the distribution is $50,000. b. a. How much of the distribution is treated as a dividend, return of capital, and capital gain? What is the shareholder's basis in her Graham stock after the distribution? What is Graham's balance in accumulated E&P as of January 1 of next year? C. d. Now assume that the company reports a deficit in current E&P of ($95,000) and that the distribution was made on September 1. Answer a., b., and c. under this assumption.