Required information Problem 22-66 (LO 22-5) (Algo) [The following information applies to the questions displayed below.) Maple Corporation, a calendar-year corporation, was formed three years ago by its sole shareholder, Brady, who immediately elected S corporation status. On December 31 of the current year, Maple distributed $41,500 cash to Brady. What are the amount and character of gain Brady must recognize on the distribution in each of the following alternative scenarios? (Leave no answer blank. Enter zero if applicable. If the answer is "O", select "None".) Problem 22-66 Part a (Algo) a. At the time of the distribution, Brady's basis in his Maple Corporation stock was $48,800. Amount Character Gain