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! Required information Problem 2 2 - 5 9 ( LO 2 2 - 4 ) ( Static ) [ The following information applies to

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Problem 22-59(LO 22-4)(Static)
[The following information applies to the questions displayed below.]
Chandra was the sole shareholder of Pet Emporium, which was originally formed as an S corporation. When Pet Emporium terminated its S election on August 31,2022. Chandra had a stock basis and an at-risk amount of $0. Chandra also had a suspended loss from Pet Emporium of $9,000. What amount of the suspended loss is Chandra allowed to deduct, and what is her basis in her Pet Emporium stock, at the end of the post-termination transition period under the following alternative scenarios (assume Pet Emporium files for an extension to file its tax returns)?
Note: Leave no answer blank. Enter zero if applicable.
Problem 22-59 Part b (Static)
b. Chandra makes capital contributions of $5,000 on September 1,2023, and $5,000 on September 30,2023.
\table[[Deductible amount,],[Stock basis,]]
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