Walnut, Inc. is a C corporation which was started in 2000. At the beginning of the current year, Walnut, Inc. has accumulated earnings and profits of $100,000. During the current year Walnut, Inc. makes a $5,000 distribution to its 100% shareholder in the first month of each quarter. At the end of the current year, Walnut, Inc. had $150,000 in gross income and $140,000 in allowable expenses from ordinary business operations. Walnut, Inc. also received $5,000 in fully tax-exempt interest from state bonds. What part of the second quarter distribution is treated as a distribution of accumulated earnings and profits?