8. Rajib is the sole shareholder of Robin Corporation, a calendar year Sub-Chapter S corporation (S Corp). In the current year, Robin Corp earned net profit of $350,000 ($520,000 revenue- $170,000 operating expenses) and distributed $80,000 to Rajib. Which of the following is a true statement? a. Rajib reports none of the income of Robin Corp on Rajib's return b. Rajib reports $520,000 of income on Rajib's return c. Rajib reports Robin Corporation's profit of $350,000 on Rajib's return. d. Rajib reports the distribution of $80,000 on Rajib's return