(9) Pepper, Inc., an S corporation, holds a $1 million balance in accumulated E&P. It reports sales revenues of $400,000, taxable interest of $380,000, operating expenses of $250,000, and deductions attributable to the interest income of $140,000. What is Peppers passive income penalty tax payable, if any? a. $380,000. b. $185,000. c. $40,895. d. $0. e. Some other amount.