Required Information. [The following information applies to the questions displayed below] This year, Sooner Company reports a deficit in current E&P of ($362,000). Its accumulated E&P at the beginning of the year was $270,000. Sooner distributed $540,000 to its sole shareholder, Boomer Wells, on June 30 of this year. Boomer's tax basis in his Sooner stock before the distribution is $101,500. (Leave no answer blank. Enter zero if applicable. Negative amount should be Indicated by a minus sign.) a. How much of the $540.000 distribution is treated as a dividend to Boomer? Dividend