ars. Monica, an individual, is a forty-five percent (45%) owner of the calendar year Falls Corporation, an S Corporation. Monica's beginning basis in her stock for the year of 2021 is $230,000 and Falls Corporation reports the following items for the year of 2021: Ordinary Income-$64,000; Short-Term Capital Gain - $16,000; Section 1231 Loss- $6,000; Tax-Exempt Interest Income - $5,000. Monica's basis in her stock at the end of the year of 2021 is: $268,250. $230,000. $265,550. ck Save and Submit to save and submit. Click Save All Answers to sque