A partnership in which a parent transferred a $40\%$ interest by gift to a child generated a profit of $$152,500.$ Capital is a material incomeproducing factor. The parent performed services

valued.at $$45,750.$ The child performed no services.

How much income is allocated to the parent for services and for use of capital?

Compensation for services:

Use of capital:

In addition, $ $$ of income is allocated to the child.