Given the following information, determine the non-taxable portion (return of capital) in each situation, as well as accumulated E&P on January 1, 20X1. 20X1 current E&P January 1, 20X1 Accumulated E&P July 1, 20X1 distribution Amount $116250 ($21700) $100750 Question 33Answer a. The non-taxable distribution is $6200, and the E&P on 1/1/20X2 is $0 b. The non-taxable distribution is $15500, and the E&P on 1/1/20X2 is ($37200) c. The non-taxable distribution is $0, and the E&P on 1/1/20X2 is $(6200) d. The non-taxable distribution is $0, and the E&P on 1/1/20X2 is ($21700)