Select the best answer. eli AC corporation with earnings and profits elects Scorporation status in 20X1 and has the following in 20X1. 1. Gross receipts 2. Passive investment income Expenses directly related to the passive 3. investment income Taxable income if the corporation had 4. been a C corp. $100,000 $ 60,000 $ 10,000 30,000 What is the net passive income? O A. $5,000 B. $10,000 O C. $30,000 o D. $50,000 hp eration Skipping 71