Rochelle is a limited partner in Megawatt Partnership. For $2023,$ her schedule K$-1$ from the partnership reported the following share of partnership items:

Ordinary income $ $25,000$

Section $1231$ loss $(3,000)$

Nondeductible expense $1,000$

Cash distribution $5,000$

Required:

Calculate the net impact of the given items on Rochelle$$s $2023$ taxable income. Assume that Rochelle does not qualify for the QBI deduction.

Assume that Rochelle$$s marginal tax rate is $35$ percent. Calculate her $2023$ after$-$tax cash flow as a result of her interest in Megawatt.