Folger partnership had three members with equal partnership percentages. For the tax year ending December 31, year 1, Folger had the following income and expense items: Revenues $ 600,000 Dividend income $ 20,000 Interest income $ 50,000 Salaries $ 110,000 Guaranted payments $ 90,000 Rent expense $ 25,000 Depreciation expense $ 25,000 Section 179 depreciation $ 9,000 1 6. What was the ordinary income of Folger partnership