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Holbrook, a calendar year S corporation, distributes $39,100 cash to its only shareholder, Cody, on December 31. Cody's basis in his stock is $46,920, Holbrook's

Holbrook, a calendar year S corporation, distributes $39,100 cash to its only shareholder, Cody, on December 31. Cody's basis in his stock is $46,920, Holbrook's AAA balance is $17,595, and Holbrook has $5,865 AEP before the distribution. According to the distribution ordering rules, complete the chart below to indicate how much of the $39,100 is from AAA and AEP as well as how Cody's stock basis is affected. If an amount is zero, enter "0". Basis in Stock Beginning stock basis $46,920 From AAA account From AEP account From Cody's stock basis Ending stock basis Distribution from Account 0000 000 Effect on Stock Basis 000

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