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a. What amount of ordinary income and separately stated items are allocated to them for...

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Accounting

a. 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. a. 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.
Help with dividend income and allocated wages calculation.
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