Problem $22-50($LO $22-3)($Static$)$

$[$The following information applies to the questions displayed below.$].."$

Jack and Jill are owners of UpAHill, an S Corporation. They own $25$ and $75$ percent, respectively.

Problem $22-50$ Part a $($Static$)$

$0.$ What amount of ordinary income and separately stated items are allocated to them for years $1$ and $2$ based on the information above? Assume that UpAHill Corporation has $$100,000$ of qualified property $($unadjusted basis$)$ in both years.

$\backslash$table$[[$Jack$,$Jill$],[$Ordinary income,Year $1,$Year $2,$Year $1,$Year $2,],[$Qualified business income,,,,,$],[$Interest income,,,,,$],[$Dividend income,,,,,$],[$Allocated wages,,,,,$],[$Unadjusted basis of qualified property,,,,,$]]$