Mitchell has been the sole (one hundred percent (100%)) shareholder of Brown Corporation, a calendar year S Corporation, since 1981. At the end of 2023, Mitchell's basis in her stock is $15,500 and she receives a distribution of $18,000 from Brown Corporation. Corporate level accounts of Brown Corporation are as follow: Accumulated Adjustments Account (AAA) - $6,000; Previously Taxed Income (PTI) - $9,000; Accumulated Earnings And Profits (AEP) - $600. How is Mitchell taxed on the distribution? O A $600 Taxable Dividend and a $1,900 Long-Term Capital Gain. O A $1,600 Taxable Dividend. O A $600 Taxable Dividend and a $1,500 Long-Term Capital Gain. O A $600 Taxable Dividend and a $1,000 Long-Term Capital Gain