Problem 4-42 (Algorithmic) (LO. 3, 4) Faye, Gary, and Heidi each have a one-third interest in the capital and profits of the FGH Partnership. Each partner had a capital account of $70,000 at the beginning of the tax year. The partnership profits for the tax year were $1,164,600. Changes in their capital accounts during the tax year were as follows: Faye Gary Heidi Total Beginning balance $70,000 $70,000 $70,000 $210,000 Withdrawals (20,000) (35,000) (10,000) (65,000) Additional contributions 0 0 5,000 5,000 Allocation of profits 388,200 388,200 388,200 1,164,600 Ending balance $438,200 $423,200 $453,200 $1,314,600 Compute each partner's gross income from the partnership for the tax year. Each partner's gross income from the partnership for the tax year is $