KDNY LP., is a calendar year, cash basis limited partnership. Marc Liu, an individual, owns a 55 percent interest in KDNY as a general partner. During Year 1, KDNY had the following results: States 50,000,000.00 Cost of Goods sold 35,500,000.00 General and administrative expenses 3,365,000.00 Guaranteed payments to Marc Liu 220,000.00 Dividend income 290,000.00 Qualified dividend income 55,000.00 Total interest income 125,000.00 Muni Bond Interest Income 35,000.00 Distributions to to Marc Liu 85,000.00 Proceed - for the sale of securities on 90,000.00 June 30, year 1 acquired February 1, Year 1 for 63,000.00 Proceeds for a sale of an asset used in the 45.000.00 course of business, which was acquired 3 years ago for $60,000 Adjusted tax basis on September 1 48,000.00 Year Please calculate Marc Liu's share of the KDNY ordinary business income and the sum of the separately stated income and expense items (income is positive, deductions are negative)