Zebra, Inc., a calendar year S corporation, incurred the following items this year. Sammy is a 60% Zebra shareholder throughout the year. Sales $185,000 Cost of goods sold (74,000) Depreciation expense (MACRS) (18,500) Administrative expenses (9,250) 1231 gain 21,000 Depreciation recapture income 33,500 Short-term capital loss from stock sale (9,000) Long-term capital loss from stock sale (8,000) Long-term capital gain from stock sale 22,000 Charitable contributions (6,000)