t the beginning of the year, Myrna Corporation $($a calendar year taxpayer$)$ has E & P of $$59,150.$ The corporation generates no additional E & P during the year. On December $31,$ the corporation distributes $$88,725$ to its sole shareholder, Abby, whose stock basis is $$17,745.$ How is the distribution treated for tax purposes?

If an amount is zero, enter $"0".$

As a result the distribution Abby has the following:

$$ Dividend income: $fill in the blank $1$

$$ Return of capital: $fill in the blank $2$

$$ Capital gain: $fill in the blank $3$

$$ Stock basis after the distribution: $fill in the blank $4$