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Helen purchased 50 percent of the shares of HIJ Corp., a calendar year S corporation, for $7,000. She also guaranteed a corporate loan of $6,000.

Helen purchased 50 percent of the shares of HIJ Corp., a calendar year S corporation, for $7,000. She also guaranteed a corporate loan of $6,000. For 2011, HIJ Corp. had an operating loss of $22,000. Without taking into consideration any loss limitations under the passive activity loss rules or the at risk rules, what is the amount of HIJ Corp

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