d Required information Problem 22-68 (LO 22-5) (Algo) [The following information applies to the questions displayed below.] On January 1, 2023, Janna has a tax basis of $17,250 in her Mimikaki stock (Mimikaki has been an S corporation since inception). In 2023, Janna was allocated $22,250 of ordinary income from Mimikaki. What are the amount and character of gain she recognizes from end-of-the-year distributions in each of the following alternative scenarios, and what is her stock basis following each distribution? Note: Leave no answer blank. Enter zero if applicable. If the answer is "O", select "None". Problem 22-68 Part c (Algo) c. Mimikaki distributes $33,375 to Janna. Amount Character $ -22,250 Ordinary income Gain Stock basis $ 0