Money, Inc. a calendar year S corporation in Denton, Texas, has two unrelated shareholders, each owning 50% of the stock. Both stockholders have a $400,000 stock basis as of January 1, 2010. At the beginning of 2010, Money has AAA $300,000 and AEP of $600,000. During 2010, Money has operating income of $100,000. At the end of the year, Money distributes securities worth $1 million, with an adjusted basis of $800,000. Determine the tax effects of these transactions if the two shareholders consent to an AAA bypass election