Brian Cartwright is a single taxpayer who itemizes deductions and has no dependents. Since Year 1, Brian has owned a 50% interest in Technology Plus Inc., an S corporation from which he was paid a salary and received distributions in Year 4 (each paid according to the ratio of ownership). Technology Plus Inc.'s Year 4 income statement is included in the exhibit above. Using the information provided, enter the appropriate values in the associated fields that would appear on the K-1 S corporation tax form for Brian from Technology Plus Inc. in the table below.

	Technology Plus Inc.
	Condensed Income Statement
	December 31, Year 4
Revenue:
Sales		$	225,000
Taxable interest income		$	5,000
Long-term capital gains		$	40,000
	Total revenue	$	270,000
Expenses:
Shareholders' salaries		$	150,000
Cost of goods sold		$	50,000
Operating expenses		$	12,000
Charitable contributions		$	1,000
MACRS depreciation		$	3,000
Section 179 deduction		$	6,000
	Total expenses	$	222,000
Year 4 taxable net income (loss)		$	48,000
Year 4 distributions to shareholders		$	20,000

A B

1. Ordinary business income (loss):

2. Net rental income (loss):

3. Interest income:

4. Ordinary dividends

5. Net long-term capital gain (loss):

6. Regular MACRS depreciation:

7. Section 179 deduction:

8. Charitable contributions: