Identify which of the following statements is false. A. The AAA balance can be negative, but the shareholder's basis in the S corporation stock cannot be less than zero. B. Nonmoney property distributions made by an S corporation having accumulated E&P are treated differently when determining the corporateminuslevel gain recognized under Sec. 311 than are property distributions made by an S corporation without accumulated E&P. C. The AAA represents the cumulative income/loss recognized in postminus1982 S corporation years. D. Taxminusexempt income does not increase the AAA but increases the basis of the S corporation stock.