A partner owns a 50-percent interest in a partnership. For the partnership tax year ended December 31, the partnership reports the following items of partnership income, gain, loss, deduction, and credit.

Gross sales $400,000

Cost of goods sold 220,000

Wages 100,000

Net Section 1231 gain 50,000

Casualty loss 10,000

Interest 5,000

Depreciation 20,000

Business bad debt 5,000

Charitable contributions 5,000

Calculate the partner's distributive shares of (1) partnership ordinary income or loss and (2) separately stated items.