[单选题]
Kent Corp. is a calendar year accrual basis C corporation. In Year 1, Kent made a nonliquidating distribution of property with an adjusted basis of USD150,000 and a fair market value of USD200,000 to Reed, its sole shareholder.The following information pertains to Kent:Reed's basis in Kent stock at January 1, Year 1USD500,000Accumulated earnings and profits at January 1, Year 1125,000Current earnings and profits for Year 1 (from operations)60,000What was taxable as dividend income to Reed for Year 1?
A .USD 200,000
B .USD 185,000
C .USD 150,000
D .USD 60,000
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