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its all one question please answer all the requirements for it Jayanthi and Krish each own a 50 percent general partner interest in the JK

its all one question please answer all the requirements for it
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Jayanthi and Krish each own a 50 percent general partner interest in the JK Partnership. The following information is avallable regarding the partnership's 2020 activities: Sales revenue $ 750,000 Selling expenses 300,000 Depreciation expense 54,750 Long-term capital gain 13,800 Nondeductible expenses 1,550 Partnership debts, beginning of the year 162,000 Partnership debts, and of the year 190,300 Partnership distributions Jayanthi 81,000 Krish 81,000 Required: 3-1. Calculate the partnership's ordinary (nonseparately stated) income. 3-2. Indicate which items must be separately stated by selecting "Yes' and which items must not be separately stated by selecting "No". b. Calculate Jayanthi's allocable share of partnership items. c. If Jayanthi has no other sources of taxable income, what is her total gross income for 2020? d. At the beginning of the year, Jayanthi's adjusted tax basis in her partnership interest was $42,000. Calculate her ending adjusted tax basis in her partnership interest. Reg A1 Reg AZ Req B Reg C and D Indicate which items must be separately stated by selecting "Yes" and which items must not be separately stated by selecting "No". Sales revenue Selling expenses Depreciation expense Long-term capital gain Nondeductible expenses Partnership debts, beginning of the year Partnership debts, end of the year Partnership distributions Saved apter 10 () 6 Partnership debts, and of the year Partnership distributions Jayanthi Krish 190,300 81,000 81,000 Required: a-1. Calculate the partnership's ordinary (nonseparately stated) income, a-2. Indicate which items must be separately stated by selecting "Yes" and which items must not be separately stated by selec "No". b. Calculate Jayanthi's allocable share of partnership items. c. If Jayanthi has no other sources of taxable income, what is her total gross income for 2020? d. At the beginning of the year, Jayanthi's adjusted tax basis in her partnership interest was $42,000. Calculate her ending ad tax basis in her partnership interest Req Al Req A2 Req B Req Cand D Calculate Jayanthi's allocable share of partnership items. Amount Ordinary income Chapter 10 (J) Saved 190,300 Partnership debts, end of the year Partnership distributions Jayanthi Krish 81,000 81,000 Required: a-1. Calculate the partnership's ordinary (nonseparately stated) income. a-2. Indicate which items must be separately stated by selecting "Yes" and which items must not be separately stated by selecting *No". b. Calculate Jayanthi's allocable share of partnership items. c. If Jayanthi has no other sources of taxable income, what is her total gross income for 2020? d. At the beginning of the year, Jayanthi's adjusted tax basis in her partnership interest was $42,000. Calculate her ending adjusted tax basis in her partnership interest. Req A1 Req A2 Req Reg C and D c. If Jayanthi has no other sources of taxable income, what is her total gross income for 20207 d. At the beginning of the year, Jayanthi's adjusted tax basis in her partnership interest was $42,000, Calculate her ending adjusted tax basis in her partnership interest Amount c. Total gross income d. Adjusted tax basis ReqB Rogando

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