Problem $4-46($Algorithmic$)($LO$.3)$

Faye, Gary, and Heidi each have a one$-$third interest in the FGH Partnership. The following information is

available with respect to the partnership for the year and the amount allocable to each partner:

Compute each partner's gross income from the partnership for the tax year.

Each partner's gross income from the partnership for the tax year is $