[19] Alex owns 100% of Boxer Corporation. Boxer is an S corporation with a basis of $24,000 to Alex. Boxer uses a calendar tax year and had the following results in the current year: Ordinary income $90,000 Cash distribution to Alex 25,000 Tax-exempt income 10,000 Net long-term capital gains 5,000 What is Alexs basis in the Boxer at the end of the year? A. $119,000 B. $94,000 C. $24,000 D. $104,000