Health and accident insurance premiums paid on behalf of a greater than 2% S corporation shareholder-employee are deductible by the S corporation and reportable as: A. A distribution on the shareholder-employee's Schedule K-1, reducing the shareholder's basis in the corporation. B. Separately stated income on the shareholder-employee,s Schedule K-1. C. Wages on the shareholder-employee's Form W-2, box 1,subject to income tax withholding. D. Wages on the shareholder-employee's Form W-2, boxes 1, 3, and 5, subject to income and FICA tax withholding.