reports $38,400 of accumulated E& P and a balance of $96,000 in AAA. Kinney has two $500 shares of Kinney's stock. Kinney's nonseparately stated ordinary income for the year Wharaticlifer on July, 1 , and it distributes another $28,800 to each shareholder on December 21 . How are X Gividend income for the July 1 distribution and $ x each for the x Gistribution from AAA