Clampett, Inc. (an S corporation) previously operated as a C corporation. Distributions from Clampett, Inc. are deemed to be paid in the following order: A. Shareholder's remaining stock basis, prior C corporation earnings and profit, the AAA account B. Shareholder's remaining stock basis, the AAA account, prior C corporation earnings and profit C. Prior C corporation earnings and profit, the AAA account, shareholder's remaining stock basis D. The AAA account, prior C corporation earnings and profit, shareholder's remaining stock basis