I can't find the solution to this. I'm having difficulty finding the ordinary loss so I can work the rest of the problem

0 Required information [The foiiowing information appiies to the questions dispiayeo' beiow} Assume the following year 2 income statement for Johnstone Corporation, which was a C corporation in year 1 and elected to be taxed as an S corporation beginning in year 2. Johnstone's earnings and prots at the end of year1 were $10,650. Marcus is Johnstone's sole shareholder, and he has a stock basis of $42,500 at the end of year '1. Johnstone Corporation Income Statement Decerber 31, Year 2 Year 2 [S Corporation) Sales revenue $ 158,869 Cost of goods sold (3?,580) Salary to owners (62,560) Employee wages (53,666] Depreciation expense (6,569] Miscellaneous expenses (4,258) Interest income 11,353 Overall net income $ ?,680 What is Johnstone's accumulated adjustments account at the end of year 2, and what amount of dividend income does Marcus recognize on the year 2 distribution in each of the following alternative scenarios? {Leave no answer blank. Enter zero if applicable} a. Johnstone distributed $6,500 to Marcus in year 2 Accumulated adjustments account mm m