After reading the facts below, use the dropdown options to calculate basis. Be sure to use the correct ordering rules for calculating basis as an 5 corp shareholder Laila owns 100% of Luna Corporation, an S corporation. At the beginning of the current year, Laila's adjusted basis in her Luna stock is $25,000, and she has no debt basis. In the current year, Luna reports ordinary income of $45.000 and a long.term capital loss. of $12.000. Luna Corporation makes a $40,000 cash distribution to Laila at the end of the year