You are given the following facts about a solely owned S corporation. What is the shareholder's ending stock basis?

Increase in AAA $31,000
Increase in OAA 6,300
Payroll tax penalty 2,140
Beginning stock basis 39,800
Stock purchases 22,000
Tax-exempt life insurance proceeds 4,800
Life insurance premiums paid (nondeductible) 2,700

a.$61,800
b.$68,100
c.$99,100
d.$100,100

On december 31, 2016, the decarreau, andrew, and bui partnership had the following fiscal year-end balance sheet: cash $10,000accounts receivable $20,000inventory $25,000plant assets - net $30,000loan to decarreau $18,000total assets $103,000accounts payable $14,000loan from bui $15,000decarreaua, capital (20%) $32,000andrew, capital (10%) $23,000bui, capital (70%) $19,000total liab./equity $103,000the percentages shown are the residual profit and loss sharing ratios. the partners dissolved the partnership on january 1, 2017, and began the liquidation process. during july the following events occurred: * receivables of $18,000 were collected.* all inventory was sold for $15,000.*all available cash was distributed on january 31, except for$8,000 that was set aside for contingent expenses. the book value of the partnership equity (i. e., total equity of the partners) on december 31, 2016 isa. $58,000b. $71,000c. $66,000d. $81,000