Toychest Corporation, an S corporation, uses the calendar year as its tax year. Barry, Amy, and Caleb own 30, 60, and 10 shares, respectively, of the Toychest stock. Caleb's basis for his stock is $40,000 on January 1 of the current year (assume a non-leap year). On June 30, Amy gifted one-half of her stock to Miguel. On November 30, Caleb sold his stock to Miguel for $90,000. Toychest reports the following results for the current year: View the results. Read the requirements. Requirement a. What amount of income, loss, or deduction do the four shareholders report (assuming the corporation makes no special allocation election)? (Enter all amounts as positive numbers. Use a 365-day year for computations. Do not round intermediary calculations. Only round the amount you enter into the input field to the nearest dollar.) Allocation to Shareholder Ordinary income Long-term capital loss Charitable contributions Barry Amy Caleb Miguel Total Results - X Ordinary income 130,000 Long-term capital loss Charitable contributions 8,000 14,000 Print Done