T owns all of the stock of both B and S Corporations. T, desiring to bail cash out of B Corp., sold stock of B with a basis of $16,000 to S for $50,000. Unfortunately, the sale did not qualify for sale treatment due to the special provisions of Section 304 concerning redemptions by related corporations. Assuming that B has E&P of $40,000 and S has a deficit in E of ($25,000), T will report a dividend of how much? A. $15,000 B. $34,000 C. $40,000 D. $50,000