Helen purchased 50 percent of the shares of HIJ Corp., a calendar year S corporation, for $7,000. She also loaned the S Corporation $6,000. For 2014,...

Helen purchased 50 percent of the shares of HIJ Corp., a calendar year S corporation, for $7,000. She also loaned the S Corporation $6,000. For 2014, HIJ Corp. had an operating loss of $22,000. Without taking into consideration any loss limitations under the passive activity loss rules or the at risk rules, what is the amount of HIJ Corp.’s loss that Helen can deduct on her individual income tax return for 2014 under the subchapter S rules?