In its first year of operations, Rowley Corporation, not a dealer in securities, realized taxable income of $128,000 from the operation of its business. In addition to its regular business operations, it realized the following gains and losses from the sale of marketable securities: Short-term capital gain $10,000 Short-term capital loss (4,000) Long-term capital gain 12,000 Long-term capital loss (32,000) What is Rowley's total taxable income? A. $114,000 B. $124,000 C. $128,000 D. $134,000