Holbrook, a calendar year S corporation, distributes $$156,700$ cash to its only shareholder, Cody, on December $31.$ Cody's basis in his stock

is $$188,040,$ Holbrook's AAA balance is $$70,515,$ and Holbrook has $$23,505$ AEP before the distribution. According to the distribution

ordering rules, complete the chart below to indicate how much of the $$156,700$ is from AAA and AEP as well as how Cody's stock basis is

affected.

If an amount is zero, enter $"0".$