Jared owns 50% of an S corporation's stock His basis in the stock was $50.000 on January 1. 2014. On February 2014 the S corporation borrowed $50,000 from Jared, signing a formal note, The S corporation reported an ordinary loss of $150.000 at the end of 2014 and ordinary income of $20,000 at the end of 2015. What are Jared's bases in his stock and his note at the end of both 2014 and 2015? a. At the end of 2014, his stock basis is zero and note basis is $5.000; at the end of 2015, his stock basis is zero and his note basis is $30,000. b. At the end of 2014, his stock basis is zero and note basis is $50.000: at the end of 2015, his stock basis is $10,000 and his note basis is $50.000.c. At the end of 2014. his stock basis is zero and note basis SEO at the end of 2015, he basis zero and his note basis is $15.000. d. At the end of 2014, his stock basis is zero and note basis is $30,000: at the end of 2016 ris stock basis is $10000 ambass 900