Sean owns stock in the McNamara Corporation. Sean has a basis (original cost) in his stock of $100. Which of the following would not be included in Sean's income?

Group of answer choices

d. Dividends paid by the McNamara Corporation, assuming that it is not a U.S. Corporation.

a. Qualified dividends received from McNamara Corporation.

b. A distribution by McNamara Corporation to its shareholders in excess of earnings and profits, of which Sean's share of the distribution is $50.

c. Dividends paid by the McNamara Corporation of less than $10.