Problem: Abby made two transfers to her adult daughter Bianca this year. On January 2 she gifted all future dividends in ABC Corporation to Bianca. On July 1 she gifted XYZ stock worth $250,000 to Bianca. On November 1 ABC Corporation paid Bianca $50,000 in dividends. On December 1 XYZ paid $25,000 in dividends to Bianca. What are both the income and gift tax consequences from the two transactions and resulting dividends?