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How much ordinary income would dwight report

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Question - Hansen Corporation, an S Corporation, (not a manufacturer) reports the following items of income and expense for 2021:

Gross Revenue $900,000

Dividends Received from 30% owned Corp 200,000

LTCG 30,000

STCL 12,000

City of Lee's Summit Bond Interest 10,000

Cost of Goods Sold 375,000

Administrative Expenses 325,000

Charitable Contributions 60,000

If Dwight, an individual, owns 30% of Hansen S-Corp for all of 2021, how much ordinary income would Dwight report, as a result of Hansen's activities?

Reference no: EM133176805

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