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10 . During the current year, MAC Partnership reported the following items of receipts and expenditures: $600,000 Sales $80,000 Utilities and rent $200,000 salaries to
10. During the current year, MAC Partnership reported the following items of receipts and expenditures:
$600,000 Sales
$80,000 Utilities and rent
$200,000 salaries to employees
$10,000 of interest income
$40,000 of long-term capital gains
$20,000 guaranteed payments to partner Antonio
$30,000 distribution to partner Carl
Antonio is a 25% general partner, Based on this information, what items will be reflected on Antonios Schedule K-1?
(Clearly Label each item)
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