Monty Company distributed \(\$ 70,000\) to Susan in redemption of all her stock. Susan's basis in the stock is \(\$ 20,000\) and her pro rata share of earnings and profits is \(\$ 30,000\). Assuming all the requirements for a redemption are met, how should Susan treat the distribution for federal income tax purposes?

a. \(\$ 0\)

b. \(\$ 20,000\) dividend income

c. \(\$ 30,000\) dividend income and \(\$ 20,000\) capital gain

d. \(\$ 50,000\) capital gain

e. None of the above