Lone Star Company is a calendar-year corporation, and this year Lone Star reported $109,000 in current E&P that accrued evenly throughout the year. At the beginning of the year, Lone Star's accumulated E&P was $13,620. At the beginning of the year, Lone Star's sole shareholder was Matt McCon. Lone Star declared $32,160 in cash distributions on each of the following dates: March 31, June 30, September 30, and December 31. (Leave no answer blank. Enter zero if applicable. Negative amount should be indicated by a minus sign.) a. How much of the $128,640 in total distributions will be treated as dividends? Dividends b. Suppose that Matt sold half of his shares to Chris Coop on June 1st for $44,500. How much dividend income will Matt recognize this year? Dividend recognized c. If Matt's basis in his Lone Star shares was $7,450 at the beginning of the year, how much capital gain will he recognize on the sale and distributions from Lone Star? Capital gain recognized on the sale and distribution