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Holbrook, a calendar year S corporation, distributes $131,500 cash to its only shareholder, Cody, on December 31. Cody's basis in his stock is $157,800, Holbrook's

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Holbrook, a calendar year S corporation, distributes $131,500 cash to its only shareholder, Cody, on December 31. Cody's basis in his stock is $157,800, Holbrook's AAA balance is $59,175, and Holbrook has $19,725 AEP before the distribution. According to the distribution ordering rules, complete the chart below to indicate how much of the $131,500 is from AAA and AEP as well as how Cody's stock basis is affected. If an amount is zero, enter "0

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