Which one of the following items does not increase a shareholder's basis in an S corporation?

A: All the income items of the S corp, including tax-exempt income, that are separately stated and passed through to the shareholder.

B: Any non-separately stated income of the S corporation.

C: The amount of the deductions for depletion that is more than the basis of the property being depleted.

D: Any expense of the S corporation that is not deductible in fi guring its income and no properly chargeable to a capital account