Partnership M, a law partnership, had the following items for the current year: Income from clients $200,000 Repairs 1,000 Depreciation 2,000 Corporate dividends received 500 Other operating expenses 125,000 Charitable contributions 1,500 Sec. 1231 gain on sale of office furniture 1,200 Sec. 1245 gain on sale of office furniture 1,000 What is Partnership M's ordinary income

Croy inc. has the following projected sales for the next five months: month sales in units april 3,850 may 3,875 june 4,260 july 4,135 august 3,590 croy’s finished goods inventory policy is to have 60 percent of the next month’s sales on hand at the end of each month. direct material costs $2.50 per pound, and each unit requires 2 pounds. raw materials inventory policy is to have 50 percent of the next month’s production needs on hand at the end of each month. raw materials on hand at march 31 totaled 3,741 pounds. 1. determine budgeted production for april, may, and june. 2. determine the budgeted cost of materials purchased for april, may, and june. (round your answers to 2 decimal places.)