The following information is available with respect to Purple, Inc.:

Prior accumulated losses $($$$1,000,000)$

Current income $$200,000.$

If Purple makes a distribution of $$50,000$ to its shareholders on June $30$ in the ordinary course of business $($i$.$e$.,$ it does not represent a

contraction of the company nor reduce anyone's ownership interest$),$ what is the best estimate of how much is taxable as a dividend?