Noura purchased the following stocks in 2017:

1) 200 shares of ABC for $2,000

2) 500 shares of Dell for $7,700.

Noura received 200 shares as stock dividends from Dell. Immediately after that, she sold 300 shares for $6,000.

Amount of gain/loss to be included in Nouras tax return for 2019 is

Nabeel purchased all of the ADCB corporation stocks in 2018 for $76,000.

On December 31, 2019, ADCB corporation has current E&P of $15,000.and made a cash distribution of $135,000 to Nabeel. Assume that ADCB has accumulated E&P of $40,000, the distribution will be treated as:

	A.	Taxable dividend of $55,000 and capital gain of $80,000.
	B.	Taxable dividend of $55,000, nontaxable return of investment of $76,000, and a capital gain of $4,000.
	C.	None of these.
	D.	Taxable dividend of $135,000.
	E.	Taxable dividend of $55,000 and nontaxable return of investment of $80,000.