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Omar Corporation incurs the following transactions: Net income from operations $100,000 Interest income from savings account $3,000 Long-term capital gain from sale of securities $10,000

Omar Corporation incurs the following transactions:

Net income from operations $100,000

Interest income from savings account $3,000

Long-term capital gain from sale of securities $10,000

Short-term capital loss from sale of securities $4,000

Omar maintains a valid S election and does not distribute any assets (cash or property) to its sole shareholder, Maureen. As a result, Maureen must recognize (ignore 20% QBI deduction):

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