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

Multiple Choice

Barb and Chuck each own one-half of the stock of Wren,Inc. ,a C corporation.Each shareholder has a stock basis of $100,000.Wren has accumulated E & P of $500,000.Wren's taxable income for the current year is $80,000,and it distributes $50,000 to each shareholder.Barb's stock basis at the end of the year is:

A) $50,000.
B) $90,000.
C) $100,000.
D) $140,000.
E) None of the above.