*On November 1, 2019, Bob, a cash basis taxpayer, gave Dave common stock. On October 30, 2019, the Corporation had declared the dividend payable to shareholders of record as of November 22, 2019. The dividend was paid on December 15, 2019. The corporation has paid the $1,200 dividend once each year for the past ten years, during which Bob owned the stock. What will happen when Dave collected the dividend on December 15, 2019