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Exercise 153 (Algorithmic) (10.5,6) Holbrook, a calendar year S corporation, distributes $47,500 cash to its only shareholder, Cody, on December 31 . Cody's basis in

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Exercise 153 (Algorithmic) (10.5,6) Holbrook, a calendar year S corporation, distributes $47,500 cash to its only shareholder, Cody, on December 31 . Cody's basis in his stock is $57,000, Holbrook's AAA balance is $21,375, and Holbrook has $7,125 AEP before the distribution. According to the distribution ordering rules, complete the chart below to indicate how much of the $47,500 is from AAA and AEP as well as how Cody's stock bash is affected. If an amount is zero, enter " 0

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