This year, Sooner Company reports current E&P of negative $300,000. Its accumulated E&P at the beginning of the year was $200,000. Sooner distributed $400,000 to its sole shareholder, Boomer Wells, on June 30 of this year. Boomers tax basis in his Sooner stock is $75,000.(Leave no answer blank. Enter zero if applicable.) (Negative amounts should be indicated by a minus sign.)

a.	How much of the $400,000 distribution is treated as a dividend to Boomer?

b.	What is Boomers tax basis in his Sooner stock after the distribution?

c.	What is Sooners balance in accumulated E&P on the first day of next year?