Sandi and Jodie Are Partners Who Operate Household Humanities AHow Must Household Report These Results to Sandi and Jodie

Sandi and Jodie are partners who operate Household Humanities.Sandi owns 60% and Jodie owns 40% of Household.During the current year,Household has the following results:
$$\begin{array} { l r } \text { Revenues } & \$ 165,000 \\\text { Operating expenses } & 45,000 \\\text { Sandi's salary } & 50,000 \\\text { Jodie's salary } & 45,000 \\\text { Municipal bond interest income } & 3,000 \\\text { Long-term capital loss } & 30,000 \\\text { Charitable contributions } & 10,000\end{array}$$
a.How must Household report these results to Sandi and Jodie? Show calculations.
b.Sandi is a head of household with two dependent children (ages 17 and 18).She has $19,000 of other income,which includes a $6,000 short-term capital gain.Sandi has $16,750 of other allowable itemized deductions.Calculate Sandi's taxable income and income tax liability.