You are given the following facts about a one-shareholder S corporation. Prepare the shareholders ending stock basis:

Ordinary income $100,000

Payroll tax penalty $2140

Purchases of additional shares $32,000

Domestic production activities deduction $22,110

Tax-exempt insurance proceeds Insurance $ 49,000

premiums paid (nondeductible) $2,700

Beginning stock basis $38,800

A- $168,660

B- $192,850

C- $214,960

D- $263960