Barb and Chuck Each Own One-Half the Stock of Wren,Inc

Multiple Choice

Barb and Chuck each own one-half the stock of Wren,Inc. ,an S corporation.Each shareholder has a stock basis of $175,000.Wren has no accumulated E & P.Wren's taxable income for the current year is $100,000,and it distributes $75,000 to each shareholder.Barb's stock basis at the end of the year is:

A) $0.
B) $100,000.
C) $150,000.
D) $175,000.
E) None of the above.