In the Current Year,Verdigris Corporation (With E & P of $250,000)made

In the current year,Verdigris Corporation (with E & P of $250,000) made the following property distributions to its shareholders (all corporations) :

Verdigris Corporation is not a member of a controlled group.As a result of the distribution:

A) The shareholders have dividend income of $100,000.
B) The shareholders have dividend income of $130,000.
C) Verdigris has a gain of $15,000 and a loss of $15,000,both of which it must recognize.
D) Verdigris has no recognized gain or loss.
E) None of the above.