Exercise $22-16($Algorithmic$)($L$0.6)$

Holbrook, a calendar year S corporation, distributes $$148,300$ cash to its only shareholder, Cody, on December $31.$ Cody's basis in his stock

is $$177,960,$ Holbrook's AAA balance is $$66,735,$ and Holbrook has $$22,245$ AEP before the distribution. According to the distribution

ordering rules, complete the chart below to indicate how much of the $$148,300$ is from AAA and AEP as well as how Cody's stock basis is

affected.

If an amount is zero, enter $"0".$