Problem 12-23 (Algorithmic) (LO. 5, 6) Zebra, Inc., a calendar year S corporation, incurred the following items this year. Sammy is a 50% Zebra shareholder throughout the year. Sales Cost of goods sold $220,000 (88,000) Depreciation expense (MACRS) (22,000) Administrative expenses (11,000) $1231 gain 21,000 Depreciation recapture income 37,000 Short-term capital loss from stock sale (8,500) Long-term capital loss from stock sale (7,500) Long-term capital gain from stock sale 21,000 (4,800) Charitable contributions a. Indicate whether the following items are included in nonseparately computed income. Select "Yes or No", whichever is applicable. Note: Round final value to the nearest whole dollar. Sales Yes Cost of goods sold Yes Depreciation expense (MACRS) Yes Administrative expenses Yes 1231 gain No Depreciation recapture income Yes Short-term capital loss from stock sale No Long-term capital loss from stock sale No. Long-term capital gain from stock sale No. Charitable contributions No Calculate Sammy's share of Zebra's nonseparately computed income or loss. His share of the nonseparately computed income is Feedback 136,000 X. b. Calculate Sammy's share of any Zebra long-term capital gain, if any. 68,000 X Feedback c. Calculate Sammy's share of charitable contributions, if any. 2,400