Hoosier corporation declared a 2-for-1 stock split to all shareholders of record on march 25 of this year. hoosier reported current e& p of $600,000 and accumulated e& p of $3,000,000. the total fair market value of the stock distributed was $1,500,000. barbara bloomington owned 1,000 shares of hoosier stock with a tax basis of $100 per share. how does stock devidend effect hoosier's accumulated e& p at the beginning of 2010?