Individual Mark for follow up hrough from an S corporation on Schedule K to a shareholder on Schedule K-12 Question 69 of 75. Which type of deduction is passed through from an S corporation Advertising O Compensation of officers. O Rent paid. Section 179 deduction. Mark for follow up Question 70 of 75. Max converted his sole proprietorship to an S corporation and transferred several assets to the corporation. The assets cost $15,000 and had an adjusted basis of $8,000. He also spent an additional $700 to make the conversion to an S corporation. What is his beginning basis in the S corporation? O $8,000 $8,700 $15,000 $15,700