During the year, a corporation declares a dividend and subsequently distributes to a stockholder $15,000 in cash and a bond with a basis of $25,000 and a fair market value of $26,000 on the date of distribution. the bond had a fair market value of $26,500 on the date that the corporation declared the dividend. the corporation has current earnings and profits in excess of the total amounts distributed during the year. what identifies the tax consequences of the distribution to the stockholder?