During the Current Year,The Jupiter Company,which Is an S Corporation,had

During the current year,The Jupiter Company,which is an S corporation,had the following items of income and expenses: $$\begin{array} { l l } \text { Gross income from operations } & \$ 135,000 \\\text { Gain on sale of business assets } & \$ 5,000 \\\text { Qualified dividend } \text { income from investments } & \$ 100\\ \text { Deductions: } \\\text { Salaries to employees } & \$ 65,000 \\\text { Payroll taxes } & \$ 5,000 \\\text { Rent } & \$ 7,000 \\\text { Depreciation } & \$ 3,500 \\\text { Contributions to United Way charity } & \$ 2,000 \\\text { Foreign tax paid on overseas business deals } & \$ 3,000 \\\text { Distributions to the shareholders } & \$ 40,000\end{array}$$
a.Calculate the net ordinary income.
b.List all the other items which must be separately reported.
c.If the S corporation is on a calendar year,when is the corporation's tax return due?