Linseed Corp., a C-Corp, has current earnings and profits of $10,000 and beginning of the year accumulated earnings and profits (AE&P) of $30,000, makes a $41,000 cash distribution to its sole shareholder, Maria, at the end of the current year. Maria has a basis in her Linseed stock of $2,000. What is the amount of taxable income Maria must report from the Linseed Corp. distribution? Identify the character of the entire distribution as well