Dale is the sole shareholder of Rescue, Inc., an S-Corp that provides pest removal services in the Omaha area. At the beginning of 2019 Dale has a basis in his shares of $24,500. On 1/1/19, Rescue Inc. had an Accumulated Adjustments Account (AAA) balance of $13,000 and E&P of $12,000 from when it was a C-Corp. There is no OAA balance or PTI for Rescue, Inc. In 2019, Rescue, Inc. had an ordinary loss of $30,000 and Dale received a distribution of $24,000. How much ordinary loss will Dale recognize in 2019 and what will be his ending basis in his shares