Holbrook, a calendar year S corporation, distributes $79,000 cash to its only shareholder, Cody, on December 31. Cody's basis in his stock is $94,800, Holbrook's AAA balance is $35,550, and Holbrook has $11,850 AEP before the distribution. According to the distribution ordering rules, complete the chart below to indicate how much of the $79,000 is from AAA and AEP as well as how Cody's stock basis is affected. If an amount is zero, enter "O". Effect on Distribution from Account Stock Basis Basis in Stock Beginning stock basis $94,800 35,550 From AAA account 35,550 -35,550 $ 0 0 $ 11,850 From AEP account -31,600 $ From Cody's stock basis 31,600 v Ending stock basis 27,650