Please do not answer if it is not in the example format below

Ashley, the sole shareholder of Hawk Corporation, has a stock basis of $400,000 at the beginning of the year. On July 1, she sells all of her stock for $2 million (1 million Matt) and (1 million Brody). On January 1, Hawk has accumulated E & P of $180,000 and during the year, current E & P of $320,000. Hawk makes the following cash distributions: $270,000 to Ashley on March 31, $180,000 to Matt on Octoberl and $180,000 to Brody on December 1. Use the format below; to (1) determine how the distributions are taxed to Ashley, Matt and Brody? (2)Ashley's recognized gain on the 7/1 sale to Matt and Brody? 1 Needs to be in the example format below Example Current year Accumulated E&P E&P Distributions 80,000 45,000 3/31 Rosie 90,000-50% 11/1 Manuel 90,000-50% 180,000 Rosie Basis(beg yr)-100,000 ---7/1 sells stock to Manuel-$500,000 Tax Treatment of Distributions & Sale Div. Inc. Ret. of Cap Basis Cap. Gains 3/31-Rosie-40,000 (C) 5,000 95,000 0 45,000 (A) 85,000 7/1-Stock Sale-(500,000-95,000) 405,000 Manuel (7/1) 500,000 11/1-Manuel-40,000 (C) 50,000 450,000