Jayhawk company reports current e& p of $367,500 and a deficit in accumulated e& p of ($270,000). jayhawk distributed $467,500 to its sole shareholder, christine rock, on the last day of the year. christine’s tax basis in her jayhawk stock is $82,250. (leave no answer blank. enter zero if applicable. negative amount should be indicated by a minus sign.) a. how much of the $467,500 distribution is treated as a dividend to christine?