Determine the amount of taxable income and separately stated Items in each case, assuming the corporation Is a Subchapter S corporation. Assume that book income is before any income tax expense.

Req$$lred:

a$.$ Book Income of $$50,000$ including capltal gains of $$2,000,$ a charltable contribution of $$1,000,$ and meals expenses of $$3,000.$

$3.$ Book Income of $$92,000$ including capital losses of $$3,000,$ a charitable contribution of $$12,000,$ and meals expenses of $$4,000.$

c$.$ Book Income of $$,76,000$ including municipal bond interest of $$2,000,$ a chantable contribution of $$5,000,$ and dividends of $$3,000$ from a $10\%$ owned domestic corporation. The corporation also has an $$8,000$ charitable contribution carryover:

d$.$ Book income of $$129,000$ Including municipal bond interest of $$2,000,$ a charitable contribution of $$5,000,$ and dividends of $$7,000$ from a $70\%$ owned domestic corporation. The corporation has a capital loss carryover of $$6,000$ and a capital gain of $$2,500$ in the current year.