Lincoln Corporation,a U

Lincoln Corporation,a U.S.corporation,owns 50% of the stock of a controlled foreign corporation (CFC) .At the beginning of the year,Lincoln's basis in its CFC stock was $100,000.The CFC's current year income was $1 million,$600,000 of which was subpart F income.The CFC paid no foreign income tax and distributed no dividends.What is Lincoln's tax basis in its CFC stock at the end of the taxable year?

A) $100,000
B) $300,000
C) $400,000
D) $0