Andrea and Buffy formed a partnership in June of Year 1 and began operations on September 1 of Year 1. The partners share profits and losses 40% and 60%, respectively.

Assume that the partnership had only the item of income and expenses shown in the following table for taxable Year 2. Complete the remainder of the table by properly classifying each item of income an expense as components of ordinary business income (loss) or as a flow-through amount to each partner. Expense items should be recorded as negative numbers.

Income or Expense Item	Amount	Ordinary Business Income (Loss)	Andreas Distributive Share	Buffys Distributive Share
Gross sales	$270,000
Cost of goods sold	80,000
Interest from bank	2,500
Wages	50,000
Short-term capital loss	5,000
Depreciation	7,200
Charitable contributions	4,800
Form 1065 line 22