Vale is a 50% partner in Ball Partnership. Vale's tax basis in Ball on January 2, Year 1, was $60,000. Ball did not have unrealized receivables, appreciated inventory, or properties that had been contributed by its partners. On December 31, Year 1, Ball made a $10,000 nonliquidating cash distribution to each partner. The Ball Partnership income tax return reported the following items for Year 1: Tax-exempt interest income $80,000 Dividend income 12,000 What total amount of gross income from Ball should be included in Vale's Year 1 adjusted gross income?