Mcuin. Ine. is a calendar wear S corporation, Jta. AAA balance is zero. Determine the tax aspects of the folloving transactions. If ant amotint is zero, enter " 9 Ignore the 200. Qus dedection. Totsiet recognires $90,000 of ard T. The cerperation reports a 1 deduction that Bustes through to Tobias. Tobias' etock hatis is 1 Y loss carryovad. F Phen Mi Wus Thi ameure cf any distribution to an 5 corporation sharobolder is equal to the cash plus the fair market vakie of any ather pioperty distributed. How the elistribution is taowed depends upen whether the st corporation has C carperatian areumulated eamings and giredits. b. Mctin helds 590,000 of. Asp. Toblas, the sole shareholdec, has an adjuated basis ef $60,000 in his atock. Mct in pwya Toblas a $90,000 cash distribution frem ArR. Tobias recognizes basis, AED is 1