Chris is the 100% shareholder of the Denture Corporation, an S corporation, and has a basis of $10,000 in the stock as of January 1, 2019. Chris also made a $15,000 loan to Denture Corporation as of...

Chris is the 100% shareholder of the Denture Corporation, an S corporation, and has a basis of $10,000 in the stock as of January 1, 2019.  Chris also made a $15,000 loan to Denture Corporation as of January 1, 2019.  During 2019, Denture Corporation had a $5,000 capital gain, made a $2,000 cash distribution to Chris, and incurred a $20,000 ordinary taxable loss.

1. a) What is Chris’ stock basis at the end of 2019? _____________________


2. b) What is his loan basis at the end of 2019? ______________________