Core Corporation reported current earnings and profits of $250,000. It distributed a buildingwith an adjusted basis to Core of $170,000 and a fair market value of $230,000, to its soleshareholder. The building had a mortgage of $90,000, which the shareholder will assume. Whatis the amount of the dividend received by the shareholder?
A. $80,000
B. $140,000
C. $230,000
D. $250,000
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