An S-Corporation has ownership of a piece of land with an adjusted basis of $10,000 and a FMV of $100,000. It distributes this land to a shareholder, what basis would the shareholder have in this land? a. $10,000 b. $90,000 c. It would depend on the shareholder's inside basis d. $0 e. $100,000 A shareholder has made a contribution to the S-Corp of $10,000 and loaned the S-Corp an additional $15,000. The shareholder also arranged for a local bank to lend the corporation an additional $80,000. The shareholder and spouse both fully guaranteed the loan. The corporation's net income for the year was $30,000. The shareholder withdrew $70,000. What is the shareholder's at-risk basis in the corporation? a. $100,000 b. $35,000 c. $115,000 d. $65,000 e. $20,000 f. ($15,000) g. Zero h. $55,000