In computing book income for REX partnership, the following revenue items were included:

Gross receipts	$500,000
Dividend income	5,000
Investment income	25,000
Ordinary income from other partnerships	50,000
Cost of goods sold	200,000
Returns and allowances	35,000

What is the net total of nonseparately stated items of income that should be reported by the partnership on the income section of Form 1065?

$320,000

$340,000

$315,000

$550,000