At the beginning of the tax year, Lizzie holds a $10,000 stock basis as the sole shareholder of Spike, Inc., an S corporation. During the year, Spike reports the following. Determine Lizzie’s stock basis at the end of the year, and the treatment of her cash distribution.

Net taxable income from sales …………………..     $ 25,000

Net short-term capital loss ……………………….      (18,000)

Cash distribution to Lizzie, 12/31 ……………….      15,000