12. Carlos is the controller for Rooney Corporation (a C-corp). Carlos owns a 20% interest in Rooney. He receives a salary of $60,000 and medical insurance from a qualified plan costing $6,000. Rooney's taxable income before considering the payments to and on behalf of Carlos is $250,000. Rooney distributes a $50,000 dividend to its shareholders. How much income does Carlos recognize from Rooney? a. $60,000 b. $70,000 c. $76,000 d. $96,800 e. $102,800