LO.7 Burgundy, Inc., and Violet Gomez are equal partners in the calendar year BV LLC. Burgundy uses a fiscal year ending April 30, and Violet uses a calendar year. Burgundy receives an annual guaranteed payment of $100,000 for use of capi- tal contributed by Burgundy. BV's taxable income (after deducting the payment to Burgundy) is $80,000 for 2018 and $90,000 for 2019.

a. How much income from BV must Burgundy report for its tax year ending April 30, 2019?

b. How much income from BV must Violet report for her tax year ending Decem- ber 31, 2019?