Jayhawk Company reports current E&P of $465,000 and accumulated E&P of negative $315,000. Jayhawk distributed $542,500 to its sole shareholder, Christine Rock, on the last day of the year. Christine's tax basis in her Jayhawk stock is $76,250. (Leave no answer blank. Enter zero if applicable. Negative amounts should be indicated by a minus sign.) value: 1.00 points Required information a. How much of the $542,500 distribution is treated as a dividend to Christine? Dividend References eBook & Resources Problem Difficulty: 2 Medium Learning Objective: 18-02 Compute a corporation's earnings and profits and a shareholder's dividend income. Check my work 2. ve ue: 1.00 points Required information