The partnership agreement of the G\&P general partnership states that Gary will receive a guaranteed payment of $14,500, 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: Required: 1-1. How much ordinary income (loss) is allocated to Gary for the year? -2. Compute Gary's share of separately stated items to be reported on his year 1 Schedule K-1, including his self-employment inco loss). Complete this question by entering your answers in the tabs below. How much ordinary income (loss) is allocated to Gary for the year? Note: Round your intermediate computations to the nearest whole dollar amount. Required: a-1. How much ordinary income (loss) is allocated to Gary for the year? a-2. Compute Gary's share of separately stated items to be reported on his year 1 Schedule K-1, including his self-employment income (loss), Complete this question by entering your answers in the tabs below. Compute Gary's share of separately stated items to be reported on his year 1 Schedule K1, including his self-employment Income (loss). Note: Round your intermediate computations and final answers to the nearest whole dollar amount