Franco LLC has the following book income statement: Sales 12,000 Interest on bank deposits 400 Interest from municipal bonds 1,000 Section 1245 depreciation recapture 9,000 22,400 Cost of goods sold 7,200 Depreciation-section 179 14,000 Supplies 400 Repairs and maintenance 1,200 Interest expense 850 Advertising 500 24,150 (1,750) Show a calculation for ordinary income: List the separately stated items: