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Matt, Marcus, Lucas, and Jonathon are partners in a publishing venture, MMLJ Publishing. They each contributed $ 1 0 , 0 0 0 to start

Matt, Marcus, Lucas, and Jonathon are partners in a publishing venture, MMLJ Publishing. They each contributed $10,000 to start the venture in October 2015, and thus share equally in the annual income.
The following income statement was prepared for MMLJ Publishing for its year ended December 31,2023.
\table[[Gross revenues,],[Expenses:,],[Amortization of fixed assets,],[Donations to registered Charities,$200,000
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