On January 11 of the current year, Birchfield and Torcoletti form the BT LLC. Their contributions to the LLC are as follows:

Adjusted Basis	Fair Market Value
From Birchfield:
Cash	$112,000	$112,000
Accounts receivable	$0	$69,000
Inventory	$205,000	$215,000
From Torcoletti:
Cash	$396,000	$396,000

By January 31, BT collects the receivables and sells the inventory for $215,000 cash.

BT realized the following income in the current year from these transactions: a.Ordinary incomeof $____________from collecting cash basis accounts receivables. b.Ordinary incomeof $____________from sale of inventory.