Question: #8 ASAP Suppose that at the beginning of 2022SH 's basis in his S corporation stock was $28,500 and SH has directly loaned the S

#8 ASAP Suppose that at the beginning of 2022SH 's basis

in his S corporation stock was $28,500 and SH has directly loaned#8

ASAP

Suppose that at the beginning of 2022SH 's basis in his S corporation stock was $28,500 and SH has directly loaned the S corporation $9,980. During 2022 , the S corporation reported an $80,200 ordinary business loss and no separately stated items. How much of the ordinary loss is deductible by SH if he owns 50 percent of the S corporation? Type your

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