Required information (The following information applies to the questions displayed below) The partnership agreement of the G&P general partnership states that Gary will receive a guaranteed payment of $14,500, and that Gary and Prudence will share the remaining profits or losses in a 45/55 ratio. For year 1, the G&P partnership reports the following results: Sales revenue $ 85,500 Goin on sale of land (51231) 7,900 Cost of goods sold (43,200) Depreciation-MACRS (16,300) Employee wages (19,400) Cash charitable contributions (5,100) Municipal bond Interest 4,500 Other expenses (5,200) (Negative amounts should be indicated by a minus sign) c. What do you believe Gary's share of self-employment income (loss) to be reported on his year 1 Schedule K-1 should be assuming G&P is an LLC and Gary spends 2,000 hours per year working there full time? Solfenloyment income (los)