Puffin Corporation makes a property distribution to its sole shareholder, Bonnie. The property distributed is a car (basis of $30,000; fair market value of $20,000) that is subject to a $6,000 liability, which Bonnie assumes. Puffin has no accumulated E & P and $30,000 of current E&P from other sources during the year. What is Puffin's E & P after taking into account the distribution of the car? Oa. $4,000 Ob. $14,000 Oc. $6,000 Od. $10,000 Oe. None of these choices are correct