Sunset Corporation, with E & P of $172,600, makes a cash distribution of $51,780 to a shareholder. The shareholder's basis in the Sunset stock involved is $20,712.

a. Determine the tax consequences to the shareholder if the distribution is a nonqualified stock redemption. The shareholder has

dividend incomea return of capitala capital gain

of $fill in the blank 2.

b. Determine the tax consequences to the shareholder if the distribution is a qualifying stock redemption. The shareholder has

dividend incomea return of capitala capital gain

of $fill in the blank 4.

c. Determine the tax consequences to the shareholder if the distribution is pursuant to a complete liquidation of Sunset. The shareholder has

dividend incomea return of capitala capital gain

of $fill in the blank 6.