Sunita is a one$-$third owner in Bikes$-$R$-$Us$,$ an S corporation that experienced a $$51,900$ loss this year $($year $1).$ Assume her stock basis is $$12,760$ at the beginning of the year and that at the beginning of year $1$ Sunita loaned Bikes$-$R$-$Us $$3,690.$ In year $2,$ Bikes$-$R$-$Us reported ordinary income of $$13,380.$

Note: Leave no answer blank. Enter zero if applicable.

Required:

What amount is Sunita allowed to deduct in year $1?$

What are her stock and debt bases in the corporation at the end of year $1?$

What are her stock and debt bases in the corporation at the end of year $2?$