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Sunita is a onethird owner in Bikes.R-U5, an S corporation that experienced a $52.500 loss this year (year 1) Assume her stock basis. is $13.000

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Sunita is a onethird owner in Bikes.R-U5, an S corporation that experienced a $52.500 loss this year (year 1) Assume her stock basis. is $13.000 at the beginning of the year and that at the beginning of year 1 Sunita loaned Bikes-R.US 53.750 in year 2 Bikes. R.U5. reported ordinary income of $13,500 Note: Leave no answer blank. Enter zero if applicable. Required: o. What amount is Sunito allowed 10 deduct in year 1I b. What are her stock and debt bases in the corporaton at the end of year 1 ? c. What are thet stock and debt bases in the corporawaiat the end of year 2

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