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Kim received a 1/3 profits and copitol interest in Bright Line, LLC in oxchange for iegal services she provided. In addition to her share of

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Kim received a 1/3 profits and copitol interest in Bright Line, LLC in oxchange for iegal services she provided. In addition to her share of partnership profits or iosses. she receives a $26,000 guaranteed payment each year for ongoing services she provides to the LLC. For 4, Bright Uine reported the following revenues and expenses Sies - \$146,000, Cost or coods Soid - \$86,000, Depreciotion Expense - \$43,000, Long- Term Copitat Gains - $11,000,0 anlinied Didends - 55,600, and Municipal Bond Interest - $3,600. How much ordinary business income (loss) wil Bright Line allocato to Kim on her Schedule K-1 for X4 ? Muttipie Crice (59.000). 5raion 511.400 117,600

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