Mariana is a shareholder in I-Co, a calendar year S corporation. At the beginning of the year, her stock basis is $9,000, her share of the AAA is $2,000, and her share of corporate AEP is $5,500.

At the end of the year, Mariana receives from I-Co a $6,000 cash distribution. Marianas share of S corporation operations for the year is limited to $2,000 of ordinary income. Determine the effects of these events on Mariannas share of the entitys AAA, her stock basis and I-Cos AEP.