[The following information applies to the questions displayed below.]

Jack and Jill are owners of UpAHill, an S Corporation. They own 25 and 75 percent, respectively.

UpAHill Corporation (an S Corporation)
Income Statement
December 31, Year 1 and Year 2
	Year 1				Year 2
Sales revenue	$	175,000			$	310,000
Cost of goods sold		(60,000	)			(85,000	)
Salary to owners Jack and Jill		(40,000	)			(50,000	)
Employee wages		(15,000	)			(20,000	)
Depreciation expense		(10,000	)			(15,000	)
Miscellaneous expenses		(7,500	)			(9,000	)
Interest income (related to business)		2,000				2,500
Qualified dividend income		500				1,000
Overall net income	$	45,000			$	134,500

a. What amount of ordinary income and separately stated items are allocated to them for years 1 and 2 based on the information above? Assume that UpAHill Corporation has $100,000 of qualified property (unadjusted basis) in both years.

	Jack		Jill
	Year 1	Year 2	Year 1	Year 2
Ordinary income	11125	33375	33375	134500
Qualified business income	11125	33375	33375	100125
Dividend income	125	250	375	750
Allocated wages
Unadjusted basis of qualified property

Need Allocated wages and Unadjusted basis of qualified property.