It's a new business, no prior activity. He does have activity, just all the income and expenses are mixed with personal, he used his personal bank account.

I removed all the personal expenses. At the end of the year he spent about 50k out of his personal account for the business and received 20k. So for the first year, a 30k loss.

For contribution:

 Should I record 50k as an initial "shareholder contribution" (total amount spent) or 30k (difference between income and expense).

For distribution:

Since the payments received went directly in his personal account what is the amount of distribution? 20k total payments received for the business? Or 0 since the business had a loss?