Question 14 of 20. Which of the following shareholders may have taxable income as a result of the following amounts from their Schedule K-1 (Form 1120-S)? Each had a beginning basis of $20,000 in their S corporation stock. Emily. She had ordinary income of $4,000, a $22,000 distribution, and a $3,000 capital loss. Kareena. She had ordinary income of $2,000, a $23,000 distribution, and a $1,000 capital loss. Maxine. She had a $3,000 capital gain, a $21,000 distribution, and ordinary income of $5,000. Ruth. She had a $5,000 capital gain, a $24,000 distribution, and ordinary income of $4,000