An individual owns 10% of the stock of an S corporation. At the beginning of the year, the basis for that share of the stock is $300,000. During the year, the corporation has ordinary income of $1 million, but it also sells a major office building that it has held for several years at a $1.5 million loss. The corporation's tax year is the same as the calendar year. What is the individual's basis at the end of the year?

A. $250,000

B. $1,300,000

C. $400,000

D. ($200,000)