a,b, c thanks

The partnership agreement of the G\&P general partnership states that Gary will receive a guaranteed payment of $15800. and that Gary and Prudence will share the remaining profits or losses in a 45/55 ratio. For year 1 , the GiP parthership reports the following results. Problem 09-61 Part a (Algo) Recuired: a-1. How much ordinary income (loss) is allocated to Gary for the year? a-2. Compute Gary's share of separately stated items to be reported on his year 1 Schedule K-1, including his self-empioymint income (loss). a-2. Compute Gary's share of separately stated items to be reported on his year 1 Schedule K-1, including hirs seit-employment incom (loss). Complete this question by entering your answers in the tabs below. How much ordinary income (loss) is allocated to Gary for the year? Note: Round your intermediate computations to the nearest whole dollar amount. Compute Gary's share of separately stated Items to be reported on his year 1 Schedule K1, including his self-employment income (loss). Note: Round your intermediate computations and final answers to the nearest whole dollar amount. [The following information applies to the questions displayed below]. The partnership agreement of the G\&P general partnership states that Gary will receive a guaranteed payment of 515,800 . and that Gary and Prudence will share the remaining profits or losses in a 45/55 ratio. For year 1 , the CiP partnerihip reports the following results: roblem 09.61 Part b (Algo) Compute Gary's share of self-employment income (loss) to be reported on his year 1 Schedule K-1, assuming GsP is a iirnited artnership and Gary is a limited partner. The partnership agreement of the G\&P general partnership states that Gary will receive a guaranteed payment of 515,800 , and that Gary and Prudence will share the remaining profits or losses in a 45/55 ratio. For year 1 . the G8P partheriphip reports the following results: Problem 09-61 Part c (Algo) c. What do you believe Gary's share of self-employment income (loss) to be reported on his year ischedule K-1 should be issiming G\&P is an LLC and Gary spends 2,000 hours per year working there full time