Alan owns a 60% interest in an S corporation that earned $150,000 during the year. He also owns 60% of the stock in a C corporation that earned $150,000 during the year. The S corporation distributed $30,000 to Alan, and the C corporation paid dividends of $30,000 to Alan. How much income must Alan report from these businesses?

a. $30,000 income from the S corporation, and $30,000 of dividend income from the C corporation

b. $90,000 income from the S corporation, and $30,000 income from the C corporation

c. $90,000 income from the S corporation, and $0 income from the C corporation

d. None of the above

e. $0 income from the S corporation, and $30,000 income from the C corporation