Lemon Corporation incurs the following transactions. Net income from operations $110,000 Interest income from saving account 5,000 Long-term capital gain from sale of securities 8,000 Short-term capital loss from sale of securities 4,000 Lemon maintains a valid S election and does not distribute any dividends to its shareholder, Patty. As a result, Patty must recognize: a. Ordinary income of $115,000 and long-term capital gain of $5,000 b. None of the above. c. Ordinary income of $115,000, long-term capital gain of $8,000 and $4,000 short-term capital loss. d. Ordinary income of $115,000, long-term capital gain of $9,000 and $4,000 short-term capital loss