Jayanthi and Krish each own a 50 percent general partner interest in the JK Partnership. The following information is available regarding the partnership's 2020 activities:

Sales revenue $ 690,000

Selling expenses 276,000

Depreciation expense 33,250

Long-term capital gain 13,200

Nondeductible expenses 2,250

Partnership debts, beginning of the year 156,000

Partnership debts, end of the year 176,500

Partnership distributions

Jayanthi 78,000

Krish 78,000

Required:

a. Calculate the partnerships 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 Jayanthis 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, Jayanthis adjusted tax basis in her partnership interest was $46,000. Calculate her ending adjusted tax basis in her partnership interest.