Question - An electing S corporation has a $30,000 ordinary loss for the non-leap year. On January 1, Chris and Cody own equally all of the S corporation stock. On the 146th day of the year, Chris gives his one-half of the S corporation stock to his daughter Future. How much of the $30,000 ordinary loss is allocated to Chris?
A) $15,000
B) $25,000
C) $6,000
D) $5,959