Senior, Lid., acquires all of the stock of JuniorCo for $30 million at the beginning of year 1. The group immediately elects to file income tax returns on a consolidated basis. Senior's operations generate a $50 million profit every year. In year 2, JuniorCo pays its parent a $9 million dividend, Operating results for JuniorCo are as follows: Tax Taxable Income Year (Loss) 1 54 million 2 (6 million) 3 15 million Enter your answers in millions. If an amount is zero, enter "0". a. Compute Senior's basis in the JuniorCo stock as of the end of years 1, 2, and 3. All tax years occur after 2017. Stock Basis at End of Tax Year Year 1 S million Year 2 S million Year 3 S millionb. Assume the same fact in part (a), except that JuniorCo's tax year 2 produced a $40 million NOL. Stock Basis at End of Tax Year Excess Loss Account Year 1 S million S million Year 2 S million S million Year 3 S million S million