An S corporation has the following information: Sales $100,000 Dividend Income $1,500 Tax-exempt interest $2,500 Long-term capital gains $4,000 Short-term capital gains $1,800 Cost of Goods sold $50,000 Advertising expense $3,000 Charitable contributions $1,000 Interest expense $2,000 Salary expense $25,000 Other operating expenses $8,000 Compute the S corporation's taxable income for the year. Please don't just give the final number. Please include the labeled tabulations to show how you got the final number. Thank you