Mary is the sole shareholder of ABC Corporation. ABC is a calendar year S corporation. Mary's basis in her stock on January 1 was $10,000. Her K-1 for the current year indicates the following: Section 1231 gain $ 3,000 Nondividend distribution $ 7,500 Nondeductible travel & entertainment $ 1,000 Ordinary loss $15,000 Charitable contributions $ 5,000 What are the amounts of ordinary losses and charitable deductions that Mary will be allowed to deduct this year? Question 5Select one: a. $10,000 of ordinary losses and no charitable deductions b. $2,500 of charitable deductions and $15,000 of ordinary losses c. $3,375 of ordinary losses and $1,125 of charitable deductions d. $4,125 of ordinary losses and $1,375 of charitable deductions