On january 1, year 5, olinto corp., an accrual basis, calendar year c corporation, had $35,000 in accumulated earnings and profits. for year 5, olinto had current earnings and profits of $15,000 and made two $40,000 cash distributions to its shareholders— one in april and one in september of year 5. what amount of the year 5 distributions is classified as dividend income to olinto’s shareholders?