Inuk is the sole shareholder of Tex Corporation. Inuk first formed Tex as a C corporation. However, in an attempt to avoid having Tex’s income double-taxed, Inuk elected S corporation status for Tex several years ago. On December 31, 2022, Tex reports $5,000 of earnings and profits from its years as a C corporation and $50,000 in its accumulated adjustments account from its activities as an S corporation (including its 2022 activities). Inuk discovered that for the first time Tex was going to have to pay the excess net passive income tax. Inuk wanted to avoid having to pay the tax, but he determined the only way to avoid the tax was to eliminate Tex’s E&P by the end of 2022. He determined that, because of the distribution ordering rules (AAA first), he would need to have Tex immediately (in 2022) distribute $55,000 to him. This would clear out Tex’s accumulated adjustments account first and then eliminate Tex’s C corporation earnings and profits in time to avoid the excess net passive income tax. Inuk was not sure Tex could come up with $55,000 of cash or property in time to accomplish his objective. Does Inuk have any other options to eliminate Tex’s earnings and profits without first distributing the balance in Tex’s accumulated adjustments account?