Shareholder A is the sole shareholder in S Corporation, an S Corporation. On January 1 of the tax year specified for the exam, A's basis is $70,000. During that same year, the corporation has non-separately stated income of $30,000. A 1231 gain in the first half of the year of $3,000 and a charitable contribution in the second half of the year of $2,000. On July 1, of the same year, A sells his stock to B for $150,000.

a) A's gain is $80,000

b) A's gain is $45,000

c) A's gain is $62,000

d) A's gain is $64,500

e) None of the above