00 8 Part 2 of 2 10 points ellook Ask Required information [The following information applies to the questions displayed below) Georgio owns a 20 percent profits and capital interest in Rain Tree LLC. For the current year, Rain Tree had the following revenues, expenses, gains, and losses: Sales revenue Gain on sale of land ($1231) Cost of goods sold Depreciation-MACRS $179 deductions Employee wages Nondeductible fines and penalties Municipal bond interest Short-term capital gains $ 71,500 $16,200 $(25,750) s (3,850) $(11,000) $(20,500) $ (4,300) $ 8,700 $ 6,000 Guaranteed payment to Sandra $ (3,400) Po References "Assume the $179 property placed in service limitation does not apply. b. What are Georgio's separately stated items for the year? Description Total Amount Allocated to Georgio Separately Stated Items on Schedule K-1