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4. Green Corporation, an S corporation, had accumulated earnings and profits of $100,000 at the beginning of 2018. Bryan and Fatima each own 50% of
4. Green Corporation, an S corporation, had accumulated earnings and profits of $100,000 at the beginning of 2018. Bryan and Fatima each own 50% of the stock and have a basis in their stock of $50,000 on January 1, 2018. Green does not make any distributions during 2018, but had $200,000 of ordinary income. In 2019, ordinary income was $100,000 and distributions were $100,000. What is Bryan's basis at January 1, 2020?
A) $100,000
B) $150,000
C) $200,000
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