step by step for part B & C please!

Required information [The following information applies to the questions displayed below] Lone Star Company is a calendar-year corporation, and this year Lone Star reported $140,000 in current E\&P that accrued evenly throughout the year. At the beginning of the year, Lone Star's accumulated E\&P was $16,800. Lone Star declared $42.000 in cash distributions on each of the following dates: April 1, July 1, October 1, and December 31 . Note: Leave no answer blank. Enter zero if applicable. Negative amount should be indicated by a minus sign. . Suppose that Matt owned all Lone Star's shares at the beginning of the year and sold half of the shares to Chris on June 1st for 56,000 . How much dividend income will Matt recognize this year? Required information [The following information applies to the questions displayed below] Lone Star Company is a calendar-year corporation, and this year Lone Star reported $140,000 in current E\&P that accrued evenly throughout the year. At the beginning of the yeat, Lone Star's accumulated E\&P was $16,800. Lone Star declared $42,000 in cash distributions on each of the following dates: April 1 , July 1, October 1 , and December 31. Note: Leave no onswer blank. Enter zero if applicable. Negative omount should be indicated by a minus sign. If Matt's basis in the Lone Star shares was $9,800 at the beginning of the year, how much capital gain will he recognize on the sale nd distributions from Lone Star? Answer is complete but not entirely correct