Clampett, Incorporated, has been an S corporation since its inception. On July 15, 2021, Clampett, Incorporated, distributed $70,000 to J. D. His basis in his Clampett, Incorporated, stock on January 1, 2021, was $75,000. For 2021, J. D. was allocated $11,000 of ordinary income from Clampett, Incorporated, and no separately stated items. What is J. D.'s basis in his Clampett, Incorporated, stock after all transactions in 2021