This year, sooner company reports current E&P of negative $368,000. Its accumulating E&P at the beginning of the year was $224,000. Sooner distributed $448,000 to its sole shareholder, Boomer Wells, on June 30 of this year. Boomers tax basis is his sooner stock is $90,000. How much of the $448,000 distribution is treated as a dividend to Boomer?

The answer is not $41,512.... please help!!!