Sunset Corporation, with E & P of $190,200, makes a cash distribution of $57,060 to a shareholder. The shareholders basis in the Sunset stock is $22,824.

a. Determine the tax consequences to the shareholder if the distribution is a nonqualified stock redemption. The shareholder has (dividend income/ a return of capital/ a capital gain) of $ ?????.

b. Determine the tax consequences to the shareholder if the distribution is a qualifying stock redemption. The shareholder has (dividend income/ a return of capital/ a capital gain)of $????? .

c. Determine the tax consequences to the shareholder if the distribution is pursuant to a complete liquidation of Sunset. The shareholder has (dividend income/ a return of capital/ a capital gain) of $ ??????.