15. The sole shareholder of an S Corp is active in the business and has a basis of $5,000 in the stock. The shareholder also has loaned $3,000 to the corporation. The shareholder's information return from the S Corp indicated the shareholder's portion of the loss from ordinary business is $7,000. a) How much if anything can the shareholder deduct on his individual tax return? b) What is the shareholder's basis in the shares at the beginning of the next year? c) What is the shareholder's basis in the debt owed by the S Corp at the beginning of the next year? d) Suppose in the followin year gthe corporation has $300 of ordinary business income but no other items. What is the shareholder's basis in the shares and in the debt at the beginning of the year following the year when the $300 was earned