(CO 10) Linda owns 30% of the stock in an S corporation. Lindas basis in the S corporation stock at December 31, 2017 was $14,000. Income reported by the S corporation during 2018 was $100,000. Linda received a distribution of $17,000 during the year. What should be Lindas basis in the S corporation stock at December 31, 2018?

Group of answer choices

$27,000

$114,000

$97,000

$31,000