Please show all detailed calculations:

Corporation X has a deficit accumulated E&P as of December 31, 2014 of $(30,000) During 2015 tax year. Corp X has earnings $12,000. It has no E&P adjustments under 312 other than income taxes. On January 1, 2016 Corp X distributions to its sole shareholder, an individual, of land with a fair market value of $ 10,000 and an adjusted basis of $5,000. Corp X has an effective tax rate of 20% for all years and has no tax attribute carryovers.

1. Based on the above facts, the amount taxable as a dividend to the shareholder under IRC 301 is: ?

2. Using the same facts as the above question, A's basis in the land is most likely: ?

3. Under the same fact pattern, Corporation X's accumulated deficit E&P following the distribution is:?