a$.$ Johnstone distributed $$6,100$ to Marcus in year $2.$ Accumulated adjustments account:$\_\_\_\_\_\_\_\_\_$ Dividend income:$\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_$ b$.$ Johnstone distributed $$10,100$ to Marcus in year $2.$ Accumulated adjustments account:$\_\_\_\_\_\_\_\_\_$ Dividend income:$\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_$ c$.$ Johnstone distributed $$16,100$ to Marcus in year $2.$ Accumulated adjustments account:$\_\_\_\_\_\_\_\_\_$ Dividend income:$\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_$ d$.$ Johnstone distributed $$26,100$ to Marcus in year $2.$ Accumulated adjustments account:$\_\_\_\_\_\_\_\_\_$ Dividend income:$\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_$ Assume the following year $2$ income statement for Johnstone Corporation, which was a C corporation in year $1$ and elected to be taxed as an S corporation beginning in year $2.$ Johnstone's earnings and profits at the end of year $1$ were $\backslash (\backslash$$ $10,130\backslash ).$ Marcus is Johnstone's sole shareholder, and he has a stock basis of $\backslash (\backslash$$ $40,500\backslash )$ at the end of year $1.$ What is Johnstone's accumulated adjustments account at the end of year $2,$ and what amount of dividend income does Marcus recognize on the year $2$ distribution in each of the following alternative scenarios? Note: Leave no answer blank. Enter zero if applicable.Assume the following year $2$ income statement for Johnstone

Corporation, which was a C corporation in year $1$ and elected to be

taxed as an $S$ corporation beginning in year $2.$ Johnstone's earnings

and profits at the end of year $1$ were $$10,000.$ Marcus is Johnstone's

sole shareholder, and he has a stock basis of $$40,000$ at the end of

year $1.$

What is Johnstone's accumulated adjustments account at the end of

year $2,$ and what amount of dividend income does Marcus recognize

on the year $2$ distribution in each of the following alternative scenarios?

Note: Leave no answer blank. Enter zero if applicable.

a$.$ Johnstone distributed $$6,000$ to Marcus in year $2.$

Accumulated adjustments account

Dividend income

b$.$ Johnstone distributed $$10,000$ to Marcus in year $2.$

Accumulated adjustments account

Dividend income

c$.$ Johnstone distributed $$16,000$ to Marcus in year $2.$

Accumulated adjustments account

Dividend income

d$.$ Johnstone distributed $$26,000$ to Marcus in year $2.$