Veronica and Tracy, unrelated individuals, own all the stock in Beige Corporation as equal shareholders for the past 5-years. Each has a basis of $30,000 in her 20 shares. Beige Corporation has accumulated E & P of $900,000. Veronica wishes to retire in the current year and wants to sell her stock for $450,000, the fair market value. Tracy would like to purchase Veronica's shares and, thus, become the sole shareholder in Beige Corporation. However, because Tracy is short of funds, Beige Corporation redeems all of. Veronica's shares for $450,000. Required: Complete the following regarding the tax consequences of this transaction. a) Veronica will have a long-term capital gain of $ b) Veronica will report dividend income of $