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13.Ben Tench owns 50% of the stock in an S corporation. The corporation sustained a net operating loss during the year. Ben's share of the

13.Ben Tench owns 50% of the stock in an S corporation. The corporation sustained a net operating loss during the year. Ben's share of the loss is $10,000. Prior to considering the loss, Bens outside basis in his stock is $1,000. In addition, the S corporation has $5,000 of debt outstanding - $4,000 owed to the bank and $1,000 owed to Ben. What amount, if any, is Ben entitled to deduct with respect to the loss?

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a)$10,000

b)$6,000

c)$4,000

d)$2,000

e)$1,000

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