Kaiwan, Inc., a calendar year S corporation, is partly owned by Sharrod, whose beginning stock basis is $82,500. During the year, Sharrod's share of a Kaiwan long-term capital gain (LTCG) is $12,375, and his share of an ordinary loss is $49,913. Sharrod then receives a $49,500 cash distribution.

If an amount is zero, enter "0".

a. How much of the loss may Sharrod currently deduct? $-------------.

b. Sharrod's has a suspended loss of $-------------------.

c. Sharrod's new basis in the Kaiwan stock is $---------------.