Guaranteed payments to Marc Liu 220,000.00 Dividend income 290,000.00 Qualified dividend income 55,000.00 Total interest income 125,000.00 Muni Bond Interest Income 35,000.00 Distributions to to Marc Liu 85,000.00 Proceed - for the sale of securities on 90,000.00 June 30, year 1 acquired February 1, Year 1 for 63,000.00 Proceeds for a sale of an asset used in the course of business, which was 45,000.00 acquired 3 years ago for $60,000 Adjusted tax basis on September 1 48,000.00 Year I Please calculate Marc Liu's share of the KDNY ordinary business income and the sum of the separately stated income and expense items (income is positive, deductions are negative)