Henry is a 60% partner in HJ Partnership. This year, the tax form he receives from HJ (Schedule K-1 of Form 1065) shows business income of $89,680. During the year, Henry received a $15,625 distribution from HJ. Assume Henry's basis in the partnership is $31,250.

a. How much must Henry report on his Form 1040 from HJ for the tax year?

b. Assume HJ is a S corporation. How much must Henry report on his Form 1040 from HJ for the tax year?