The partnership agreement of the G&P general partnership states that Gary will receive a guaranteed payment of $17,900, 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	$	81,500
Gain on sale of land (1231)	$	7,200
Cost of goods sold	$	(36,000	)
DepreciationMACRS	$	(17,300	)
Employee wages	$	(20,400	)
Cash charitable contributions	$	(3,800	)
Municipal bond interest	$	3,200
Other expenses	$	(4,500	)

(Negative amounts should be indicated by a minus sign.)

1. a-2. Compute Garys share of separately stated items to be reported on his year 1 Schedule K-1, including his self-employment income (loss)

I just need the correct number for Self-employment Income for the Total Amount (the one in red). Thanks :)

X Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Req A1 Req A2 Compute Gary's share of separately stated items to be reported on his year 1 Schedule K-1, including his self-employment income (loss). (Round your intermediate computations and final answers to the nearest whole dollar amount.) Description Total Amount Allocated to Gary Separately Stated Items on Schedule K-1: Section 1231 gains 7,200 $ 3,240 Cash charitable contributions $ (3,800) (1,710) Municipal bond interest $ 3,200 1,440 Guaranteed payment $ 17,900 $ 17,900 Self-employment income $ 11,330 X $ 11,330