The S corporation reported the following tax information for 2021:

Sales revenue 505,000

Cost of goods sold 300,000

Long-term capital gain 1,000

Dividend income 5,500

Salary to owners 120,000

Employee wages 50,000

Depreciation expenses 14,500

Miscellaneous expenses 10,000

At the end of the year, Blue Corporation made a cash distribution of $85,000 to Maddie. 

Determine Maddie’s ordinary business income and the separately stated items; the tax treatment for the distribution; Maddie’s basis at the end of the year (after the distribution); and the ending balance in AAA and AEP (after the distribution).

2022:

For 2022, Blue reported a ($175,000) ordinary business loss and $5,000 of long-term capital gains. Assuming Maddie's tax basis and his at-risk amount are the same, what is Maddie's stock basis at the end of the year and how much of the ordinary business loss is she allowed to deduct in 2022?