Part 1 of 2 0.28 points Skipped i eBook Ask Required information Problem 20-59 (LO 20-4) (Algo) [The following information applies to the questions displayed below) Georgio owns a 40 percent profits and capital interest in Rain Tree LLC. For the current year, Rain Tree had the following revenues, expenses, gains, and losses Sales revenue Gain on sale of land (1231) Cost of goods sold Depreciation-RACKS 179 deduction Employee wages Bondeductible fines and penalties Municipal bond interest Short-term capital gains Guaranteed payment to Sandra $ 79.500 17.400 (35.500) (7,100) (15,500) (17,600) (4.100) 8,500 5,150 (3,200) "Assume the 5179 property placed in service limitation does not apply. Print Problem 20-59 Part a (Algo) References a. How much ordinary business income (loss) is allocated to Georgio for the year? Description Total Amount Allocated to Georgio Sales revenue Ordinary Business Income