OmCo Acquired NegCo This Year for $1 Million

OmCo acquired NegCo this year for $1 million.Two of the tax attributes that OmCo found appealing are NegCo's NOL of $500,000 and its negative E&P of $300,000.Before applying any of NegCo's tax benefits,OmCo has taxable income of $525,000 and E&P of $350,000.OmCo pays a dividend of $100,000 to its shareholders.How much of this dividend is taxable?

A) $25,000 is taxable.
B) $50,000 is taxable.
C) $75,000 is taxable.
D) $100,000 is taxable.
E) None of the above.