Zeta Corporation purchased 100 shares of Zion Corporation common stock (less than 5% of the outstanding stock) two days before the ex-dividend date for $260,000 Zeta receives a $5,000 cash dividend fr Zion. Zeta sells the Zion stock 50 days after purchasing it for $245,000 Requirement What are the tax consequences of these three events?

Requirement What are the fax consequences of there three events