Question: Austin & Becker is an electing large partnership. During the current year, the partnership has the following income, loss, and deduction items: Ordinary income .

Austin & Becker is an electing large During the current year, the has the following income, loss, and deduction items:
Ordinary income ………………………………………. $5,200,000
Rental loss ……………………………………………… (2,000,000)
Long-term capital loss from investments ………………. (437,100)
Short-term capital gain from investments ………………. 827,400
Charitable contributions ………………………………… 164,000
a. What ordinary income will Austin & Becker report?
b. What are the separately stated items for Austin & Becker?

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