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 ogo by its sole shareholder, Jian, who immediotely elected S corporation status. On December 31 of the current yeor. Maple distributed $38,000 cash to Jian. Whot ore the omount and character of gain Jian must recognize on the distribution in each of the following aiternative scenarios? Note: 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, Jian's basis in his Mople Corporation stock was $44.600. Required information Problem 22.66 (LO 22-5) (Algo) [The following infomation applies to the questions displayed below.] Maple Corporation, a calendar-year corporation, was formed three years ago by its sole shareholder. Jian, who immediately elected S corporation status. On December 31 of the current year, Maple distributed $38,000 cash to Jlan. What are the amount and character of goin Jlan must recognize on the distribution in each of the following alternative scenarios? Note: Leave no answer blank. Enter zero if applicable. If the answer is " 0 ", select "None". Problem 22.66 Part b (Algo) b. At the time of the distribution, Jian's basis in his Maple Corporation stock was $12,000