nt. Tina acquired 100% of the stock of a existing calendar year corporation in 2010, and immediately elected the corporation status for the company. At the end of 2018. Tina's stock basis is $25,000, and she receives a distribution of $17,000. Corporate level accounts are as follows: AAA $14,000 Accumulated E&P 2,000 ears. any for ABC C How is Tina taxed on the $17,000 distribution? 516,000 taxable dividend and $1,000 tax free $2,000 taxable dividend and 515,000 tax free 514,000 taxable dividend and $3,000 tax free 517.000 tax free