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The partnership of Truman and Hanover realized the following items of income for the current year: Net income from sales $62,000 Dividends 4,000 Interest 3,000

The partnership of Truman and Hanover realized the following items of income for the current year:

Net income from sales $62,000

Dividends 4,000

Interest 3,000

Net long-term capital gains 5,000

Net short-term capital gains 1,000

Net rental income 7,000

The total income which should be reported as ordinary income of the partnership for the current year is:

a. $62,000

b. $69,000

c. $72,000

d. $76,000

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