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As of January 1,2016,Amanda,the sole shareholder of Tern (a calendar year S corporation) ,had a basis in her stock of $50,000.During 2016,Tern had a net operating loss of $100,000 and distributed a $70,000 dividend to Amanda.What is Amanda's basis in her Tern stock as of January 1,2017?
Superior Mesenteric Vein
A large vein that drains blood from the small intestine, ascending colon, and part of the large intestine into the portal vein.
Gastrosplenic Vein
A blood vessel that drains blood from the stomach and spleen into the portal venous system.
Lumbar Vein
A vein that drains the posterior wall of the abdomen and the spinal cord in the lumbar region.
Ventral Thoracic Vein
A vein located in the ventral (front) part of the thorax, involved in blood circulation.
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