Rochelle is a partner in Megawatt Partnership. She shares 20% of the partnership's income, losses, distributions. For 2015, Megawatt Partnership reported the following items in its schedule K:

Ordinary income	$125,000
Dividend income	10,000
Section 1231 loss	(15,000)
Nondeductible expense	5,000
Cash distribution	25,000

a.

Calculate the net impact of the above items on Rochelles 2015 taxable income. (Deduction should be indicated by a minus sign.) B. Assume that Rochelles marginal tax rates are 35 percent for ordinary income and 18.8 percent for long-term capital gain. She did not have a property disposition during 2015. Calculate her 2015 after-tax cash flow as a result of her interest in Megawatt. (Cash outflows should be indicated by a minus sign.) Before Tax Cash Flow: Tax cost at ordinary tax rate: Tax cost at long term capital gain tax rate: After Tax Cash Flow: