Please help me with my accounting homework. Thank you.

Amit is a partner in Reynolds Partnership . This year , Amit's Schedule K - 1 from Reynolds reflected $50, 000 of ordinary income , $1,000 of interest income , and a cash distribution of $35 , 000 . Amit's marginal tax rate is 37 percent . Amit qualifies for the Section 1994 deduction , without regard to the wage limitation . a. Calculate the tax cost of Amit's partnership earnings this year . Tax cost 5 18, 870 b . Calculate Amit's after- tax cash flow from his partnership activity this year . After - tax. cash flow 16, 130