Big Red Corporation is a C Corp, owned 100% by Julie (basis in shares of $150,000). For the current year, Big Reds activities consist of the following items:

Gross Revenue -$1,000,000

Dividends Received (from 10% owned corp)- 100,000

LTCG- 25,000

STCL- 10,000

ABC Corporation Bond Interest Income- 5,000

City of Denver Municipal Bond Income- 4,000

Cost of Goods Sold- 430,000

Officer Salary (to Julie)- 150,000

Admin Expense- 200,000

Charitable Contributions- 50,000

Dividends Paid (to Julie)- 75,000

A) Compute Big Reds taxable income (I have calulated as 236,000)

B) Does Big Red have any items to carry forward? (Excess Charitable contribuiton I believe of 16,000)

C) What is the AMOUNT and CHARACTER of income that Julie will report on her individual income tax return as a result of Big Red's activities? - (NEED HELP)

D) What is Julie's basis in her shares of Big Red Corporation at year end? - (NEED HELP)