Net operating loss, During the year, an S corporation

Net operating loss

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Reference no: EM13777541

During the year, an S corporation incurs a $ 80,00 net operating loss. Corine, the shareholder, has a $ 65,000 stock basis, and there is a $75,000 balance in AAA at the beginning of the year.

At the year end, Corrine has a $ __________ basis in the stock.

Reference no: EM13777541

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