Question: 10 . During the current year, MAC Partnership reported the following items of receipts and expenditures: $600,000 Sales $80,000 Utilities and rent $200,000 salaries to

10. During the current year, MAC Partnership reported the following items of receipts and expenditures:

$600,000 Sales

$80,000 Utilities and rent

$200,000 salaries to employees

$10,000 of interest income

$40,000 of long-term capital gains

$20,000 guaranteed payments to partner Antonio

$30,000 distribution to partner Carl

Antonio is a 25% general partner, Based on this information, what items will be reflected on Antonios Schedule K-1?

(Clearly Label each item)

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