ABC Corporation distributes $31,000 to its sole shareholder X. At the time of the distribution, ABC corporations E & P is $25,000. Xs basis in his stock is $10,000 before the distribution. What is Xs basis in his stock after the distributions? Group of answer choices A. $31,000 B. $10,000 C. $25,000 D. $4,000 E. $0 F. None of the above.