On January 1, 20X9, Mr. Blue and Mr. Grey each contributed $100,000 to form the B&G general partnership. Their partnership agreement states that they will each receive a 50% profits and loss interest. The partnership agreement also provides that Mr. Blue will receive an annual $36,000guaranteed payment. B&G began business on January 1, 20X9. For its first taxable year, its accounting records contained the following information. 
The $3,000 of interest was paid on a $60,000 loan made to B&G by Key Bank on June 30, 20X9. B&G repaid$10,000 of the loan on December 15, 20X9. Neither of the partners received a cash distribution from B&G in20X9.Complete the following table related to Mr. Blue's interest in B&G partnership: 
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