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Clampett, Inc. has been an S corporation since its inception. On July 15. 2018, Clampett, Inc. distributed $69.000 to J. D. His basis in his

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Clampett, Inc. has been an S corporation since its inception. On July 15. 2018, Clampett, Inc. distributed $69.000 to J. D. His basis in his Clampett, Inc. stock on January 1, 2018, was $64,000. For 2018, J. D. was allocated $11,000 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 2018

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