Digital Promotions paid $$100,000$ in net premiums toward a key person universal life insurance policy on its president. The policy currently has a cash value of $$275,000.$ Since loans are tax free and withdrawals are tax free up to the policyowner's cost basis, how much taxable income would it report if it took withdrawals from the cash value equal to its cost basis of $$100,000$ and then switched to loans for an additional $$75,000?$

a$.$ $$0$

b$.$ $$75,000$

c$.$ $$100,000$

d$.$ $$175,000$