On January $1,2022,$ Leo paid $$16,400$ for $5$ percent of the stock in BLS$,$ an S corporation. In November, he loaned $$9,350$ to BLS in return for a promissory note. BLS generated a $$752,000$ operating loss in $2022.$Required:How much of his share of the loss can Leo deduct on his $2022$ return? Assume the excess business loss limitation does not apply.Compute Leos basis in his BLS stock and his BLS note at the end of $2022.$