Laura Lee owns 50 percent of the stock in an S-Corporation. To secure the funds necessary to expand its opertions, the corporation borrowed $100,000 from a local bank. In order to protect its interest, the bank required Laura, a high net worth individual, to personally guarantee repayment of the loan. Laura wants to know whether her personal guarantee of the loan will allow her to add it to her basis in the S corporation. Prepare a tax file memorandum that documents the results of your research and your conclusions.