Please ignore figures in blue pen

PROBLEM 5 A distribution of money is made from an S corporation to its sole shareholder. Determine the tax consequences by completing the table below In each case the shareholder's basis is $50,000 at the time of the distribution. 0 POINTS-1 EACH AAA ERP Distribution Tax Free CapitalDividend End End Basis AAA ROC Gain 50,000 0 25,000 50,000 100,000 5,000- 0 250,000 150,000 50,000 9000 00 5000 0003 S 0100,000 1150,0001-0-1200,000900001 isea 150,000 250,000 200,000