Jackson Corporation has negative $30,000$ of accumulated EP and positive $40,000$ of current EP$.$ On June $1,$ Jackson Corporation distributes $40,000$ to its shareholder Latoya. On August $1,$ Jackson Corporation distributes $90,000$ to its shareholder Janet.

$($a$)$ How much of Janet$$s distribution will receive dividend treatment?

$($b$)$ How much of Janet$$s distribution will reduce her basis in her stock?