Henry is a 50% partner in HJ Partnership. This year, the tax form he receives from HJ (Schedule K-1 of Form 1065) shows business income of $49,640. During the year, Henry received a $23,425 distribution from H). Assume Henry's basis in the partnership is $46,850. a. How much must Henry report on his Form 1040 from H) for the tax year? b. Assume HJ is a S corporation. How much must Henry report on his Form 1040 from H) for the tax year? TyroneCo, an S corporation with a positive E & P balance, reports gross receipts for the year totaling $413,000 (of which $206,500 is passive investment income). Expenditures directly connected to the production of the passive investment income total $82,600. Compute Tyrone's passive investment income tax. If required, round your final answer to the nearest dollar