QUESTION 37 Giuliano Corporation is a C corporation with earnings of $100,000. It paid $30,000 in dividends to its sole shareholder, Luigi Fantappie. Luigi also owns 100% of D'Amico Corporation, an Scorporation. D'Amico had net taxable income of $100,000 and made a $20,000 distribution to Luigi. What income will Luigi report from Giuliano y D'Amico's activities? A $30.000 8. $50,000 OC. $120,000 D. $130.000 E. $200,000