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 Selling expenses Depreciation expense Long-term capital gain Hondeductible expenses Partnership debts, beginning of the year Partnership debts, end of the year Partnership distributions Jayanthi Krish $ 615.000 246,000 51,250 14,100 Boe 116,000 125.000 30,000 58,00 Required: 6-1. Calculate the partnership's ordinary (nonseparately stated income -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. Jayanthi has no other sources of taxable income what is her total gross income for 2020 d. At the beginning of the year, Jayanti's adjusted tax basis in her partnership interest was $48.500 Calculate her ending adjusted tox basis in her partnership interest Req A1 Reg A2 ReqB Req Cand D Calculate the partnership's ordinary (nonseparately stated) income. Ordinary income Reg Calculate Jayanthi's allocable share of partnership items. Amount Ordinary income Reg A1 Reg A2 Reg B Reg C and D Assessment Tool Frame 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 548,500. Calculate her ending adjusted tax basis in her partnership Interest, Amount Total grona Income d Adjusted tax basis