the Arctic Corp., a C corproation and a calendar-year taxpayer, reports a deficit in current E&P of ($185,000) for 2019 and accumulated E&P beginning of 2019 of $370,000. Arctic Corp. distributed $470,000 to its sole shareholder on January 1, 2019. How much of the distribution is treated as a dividend in 2019? Multiple Choice O $470,000 $0 $185.000 O $270,000