QRS Corporation is a calendar-year corporation. Ann and Paul each own 50% of the corporation's stock. Ann's adjusted basis in her QRS stock is 7,800 and Paul's adjusted basis in his stock is $4,300. QRS Earnings and Profits as of 1/1/19 of $28,000. For the year 2019, QRS had negative Current Earnings and Profits of $18,000. What is the amount, character and source of each section 301 distribution to Ann & Paul under the following assumptions? (a) During the year 2019, QRS makes the following cash distributions split equally between Ann and Paul: April 30 $15,000 October 31 $10,000 ( b ) During the year 2019, QRS makes the following cash distributions split equally between Ann and Paul: January 31 $15,000 March 31 $10,000