Vivian and Cornelia, equal shareholders in Vora Corporation, receive $600,000 each in distributions on December 31 of the current year. Voras current year taxable income is $1 million, and it has no accumulated E & P. Last year, Vora sold an appreciated asset for $1,200,000 (basis of $400,000). Payment for one-half of the sale of the asset was made this year. How much of Vivians distribution will be taxed as a dividend? Please show calculations.