Betty owns sixty percent (60%) of Gates Corporation, a calendar year S Corporation. At the beginning of the year of 2023, Betty's basis in her stock was $17,000 and her loan (debt) basis was $2,000. Gates Corporation incurred a Loss of $48,000 for the year of 2023. Betty may deduct on her personal Federal Income Tax Return (Form 1040) for the activities of Gates Corporation for the year of 2023: O $19,000. O $17,000. O $ 2,000. O $28,800