Milam inc, is an S corporation with ordinary icnome of $60,000. bob milam owns all the stock in the corporation. the following data are also available for the current tax year ended december 31,

Milam's january 1 stock basis $3,000

cash ditribution to Milan 27,000

tax-exempt interest. 2,000

section 1250 gain. 28,000

long term capital loss 4,000

short term capital loss 6,000

Milam's stock basis at the end of the current year is

A. 35,000

B. 28,000

C. 26,000

D. 38,000