suppose that at the beginning of 2021 jamaal's basis in his s corporation stock is $0, he has a $0 debt basis associated with a $13,500 loan he made to the s corporation, and he has a $8,500 suspended loss from the s corporation. in 2021, jamaal contributed $11,500 to the s corporation, and the s corporation had ordinary income of $7,500. assume that jamaal owns 40 percent of the s corporation. how much net income or loss does jamaal report this year from the s corporation?