Meghan is a 50% shareholder in an S corporation and her share of the ordinary business loss for year 3 is $18,000. Meghan's stock basis at the beginning of Year 3 was $12,000, and she personally loaned the S corporation $11,000 this year. Assuming that Meghan's loss deduction is not limited by the passive loss rules or the at-risk rules, how much of the $18,000 loss can she deduct on her tax return for Year 3 ? $22,000 $0 $18,000 $12,000