This year, Sooner Company reports a deficit in current E\&P of ($300,000). Its accumulated E\&P at the beginning of the year was $200,000. Sooner distributed $400,000 to its sole shareholder, Boomer, on June 30 of this year. Boomer's tax basis in the Sooner stock before the distribution is $75,000. a. How much of the $400,000 distribution is treated as a dividend to Boomer? b. What is Boomer's tax basis in the Sooner stock after the distribution? c. What is Sooner's balance in accumulated E\&P on the first day of next year