The DEF partnership had the following gross receipts for the past three years:

Year
2020	FYE 11/30	120,000
	October, November	40,000
	FYE 6/30	110,000
	May, June	30,000
2021	FYE 11/30	150,000
	October, November	35,000
	FYE 6/30	160,000
	May, June	42,000
2022	FYE 11/30	170,000
	October, November	45,000
	FYE 6/30	160,000
	May, June	50,000

1. What natural business year(s) can they adopt?

The ABCD partnership agreement provides that D will receive 25% of the partnership's ordinary income before taking into account any guaranteed payment, but not less than $100,000. All capital gains will be split equally among the partners. For the year the partnership has $200,000 of ordinary income (before the guaranteed payment) and $80,000 of long-term capital gains.

1. How much is Ds share of ordinary income?
2. What would your answer to the above question if D is to receive 25% of total partnership income before any guaranteed payment, but not less than $100,000, and the capital gains are not separately allocated?