Suppose that at the beginning of 2019 Jamaal's basis in his S corporation stock is $0, he has a $0 debt basis associated with a $12,500 loan he made to the S corporation, and he has a $7,500 suspended loss from the S corporation in 2019, Jamaal contributed $10,500 to the s corporation, and the Scorporation had ordinary income of $6,500. Assume that Jamaat owns 40 percent of the S corporation. How much net income or loss does Jamaal report this year from the Scorporation