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Sales 750000 COGS 42000 Salaries paid to shareholders 275000 salaries paid to employees 150000 STCG 23000 Depreciation recapture income 1245 gain 15000 LTCL 40000 Municipal

Sales 750000 COGS 42000 Salaries paid to shareholders 275000 salaries paid to employees 150000 STCG 23000 Depreciation recapture income 1245 gain 15000 LTCL 40000 Municipal bond interest income 5000 Admin expenses 45000 depreciation expense 29000 Charitable contributions 3000. Calculate nonseperately stated income for the current yer

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