Zulu Corporation, an S corporation since its organization, is owned entirely by Dekembe. The corporation uses a calendar year as its taxable year. Dekembe sold one-half of his stock in Zulu on July 1 of the current year for $150,000 to Akeem. For the current year, Zulu reported the following results:

Ordinary income

$80,000

Cash distribution to Dekembe

30,000

Tax-exempt bond interest income

4,000

Long-term capital gains

20,000

Charitable contributions

10,000

• A.
• $78,000
• B.
• $67,500
• C.
• $97,500
• D.
• $75,000
• Dekembe's increase in gross income from the Zulu investment during the current year is (rounded to the nearest dollar and assuming all months have 30 days)