54. Comprehensive Problem. Barbara Thompson and Colleen Tiller are equal partners in the Boteq partnership. Barbara is age 72 and Colleen age 58. Both are unmarried and the partnership is their Sole source of income. During the current year, Boteq's records show the following items of income and expense. In a columnar form, list those items which must be reported as partnership ordinary income and those which must be reported separately by the partnership. (1) Gross profit on sale of goods $40,000 30,000 (2) Selling and administrative expenses