Clampett, Inc. has been an S corporation since its inception. On July 15, 2019, Clampett, Inc. distributed $48,000 to J. D. His basis in his Clampett, Inc. stock on January 1, 2019, was $48,000. For 2019, J. D. was allocated $13,000 of ordinary income from Clampett, Inc. and no separately stated items. What is J.D.'s basis in his Clampett, Inc. stock after all transactions in 2019?

A. 22,000

B. 9,000

C. 13,000

D. None of the choices are correct.

E. 35,000