Lloyd and Harry, equal partners, font World Partnership. During the year, Ant World had the following revenue, expenses, gains, losses, and distributions: Cost of Goods Sold Cash Distribution to Harry Municipal Bond Interest Short-Term Capital Gains Employee Wages Rent $ 85,000 $ 15,000 $ 1,500 $ 4,500 $ 40,000 $ 10,000 Charitable Contributions $ 25,000 Sales Repairs and Maintenance Long-Term Capital Gains $ 175,000 $ 5,000 $ 12,000