During 2017, DL, Inc., an S corporation for the whole year, earned the following income and loss items: ordinary income of $175,000; short-term capital gain of $94,000; long-term capital loss of ($91,000); tax-exempt income of $22,000; and made a charitable contribution of $18,000. At the end of the year, Diego Luis owned 50% of the stock of DL, Inc. Diego bought his shares from another shareholder on October 1, 2017. How much of each item will Diego include in his 2017 personal income tax return related to the items from DL, Inc.?

	Ordinary Income	ST Capital Gain	LT Capital Loss	Tax-exempt income	Charitable contribution
a.	87,500	47,000	(45,500)	11,000	9,000
b.	43,750	23,500	(22,750)	5,500	4,500
c.	21,875	11,750	(11,375)	2,750	2,250
d.	21,875	375	0	5,500	4,500

Group of answer choices

A

B

C

D