Greiner, Inc., a calendar year S corporation, holds no AEP. During the year, Chad, an individual Greiner shareholder, receives a cash distribution of $108,100 from the entity. Chad's basis in his stock is $86,480.

If an amount is zero, enter "0".

Compute Chad's ordinary income and capital gain from the distribution.

Chad recognizes ordinary income of $and a capital gain of $.

What is his stock basis after accounting for the payment?

after the distribution.