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Liang, a calendar years corporation, distributes $13,000 cash to its only shareholder, Aaron, on December 31. Aaron's basis in his stock is $15,000. Liang's AAA

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Liang, a calendar years corporation, distributes $13,000 cash to its only shareholder, Aaron, on December 31. Aaron's basis in his stock is $15,000. Liang's AAA balance is $5,000; Liang holds a $7,500 AEP before this distribution. There is no OAA balance. Complete the following chart shown below. If an amount is zero, enter "O". Distribution from Distribution from Aaron's Stock Basis Beginning balance $5,000 $7,500 $15,000 Distribution ($13,000) From AAA From AEP AAA From stock basis Ending balance $

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