Moranza Corporation, Which Has Current Earnings and Profits (CE&P) of $10,000

Moranza Corporation, which has current earnings and profits (CE&P) of $10,000 and accumulated earnings and profits (AE&P) of $30,000, makes a $15,000 distribution to its sole shareholder, Justin, at the end of the current year.Justin has a basis in his Moranza stock of $2,000.What is the amount of taxable income Justin must report from the Moranza distribution?

A) 0
B) $10,000
C) $12,000
D) $15,000