Question 13 Given the following information, determine the non-taxable portion (return of capital) in each situation, as well as accumulated E&P on January 1, 20X1. Not yet answered Points out of 1.00 20X1 current E&P January 1, 20X1. July 1, 20X1 Accumulated E&P distribution ja $100650 $26840 $87230 i Flag question Select one: O a. The non-taxable distribution is $0, and the E&P on 1/1/20X2 is $26840 O b. The non-taxable distribution is $0, and the E&P on 1/1/20X2 is $40260 O c. The non-taxable distribution is $0, and the E&P on 1/1/20X2 is $13420 O d. The non-taxable distribution is $13420, and the E&P on 1/1/20X2 is $13420