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16 KLMN Partnership's financial records show the following: Gross receipts from sales 670,000 (460,000) 5 Cost of qoods sold points Operating expenses Business meals and

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16 KLMN Partnership's financial records show the following: Gross receipts from sales 670,000 (460,000) 5 Cost of qoods sold points Operating expenses Business meals and entertainment Section 1231 lopa on equipment sale (96,B00) 6,240) (13,500) Charitable contribution 1,500) (10,000) Diatributions to partners eBook Compute KLMN's ordinary business income for the year. (Negative amounts should be indicated by a minus sign.) KLMN's ordinary business income

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