Georgio owns a 40 percent profits and capital interest in Rain Tree LLC. For the current year, Rain Tree had the following revenues, expenses, gains, and losses:

Sales revenue	$ 72,000
Gain on sale of land (1231)	11,300
Cost of goods sold	(33,500)
DepreciationMACRS	(5,450)
179 deduction*	(16,800)
Employee wages	(12,100)
Nondeductible fines and penalties	(4,200)
Municipal bond interest	6,350
Short-term capital gains	5,200
Guaranteed payment to Sandra	(5,150)

*Assume the 179 property placed in service limitation does not apply.

a. How much ordinary business income (loss) is allocated to Georgio for the year?

b. What are Georgios separately stated items for the year?