5. An S corporation, with no AE&P, has net ordinary income from sales of its products of $12,000. The only distribution of profits during the year to L, its sole owner, is land with a market value of $3,000 and a basis of $2,000. L will hold the land as an investment. At the beginning of the year, L's basis in the corporation's stock was $7,500. What is L's basis in the stock, after all items are considered? A. $7,500 B. $16,500 C. $17,500 D. $19,500