Barry and Kurt are equal partners in the BK Partnership. Barry receives a guaranteed payment of $$64,500.$ In addition to the guaranteed payment, Barry withdraws $$14,750$ from the partnership. The partnership has $$31,600$ in ordinary income during the year.

Required:

a$.$ How much income must Barry report from BK Partnership?

b$.$ What is the effect of the distribution on Barry's partnership basis?

$\backslash$table$[[$a Income to Barry,,$],[$b Barry's partnership basis,,$]]$