Required information [The following information applies to the questions displayed below.] Beaver Corporation reported taxable income of $500,000 from operations this year. The company paid federal income taxes of $105,000 on this taxable income. During the year, the company made a distribution of land to its sole shareholder, Eugenia VanDam. The land's fair market value was $20,000, and its income tax and E&P adjusted tax basis to Beaver was $50,000. Eugenia assumed a mortgage on the land of $25,000. Beaver Corporation had accumulated E&P of $1,500,000. (Leave no answer blank. Enter zero if applicable.) d. What amount of dividend income does Eugenia report as a result of the distribution? Dividend income reported