This year, alex’s distributive share from eden lakes partnership includes $11,000 of interest income, $17,000 of net long-term capital gains, $17,000 net §1231 gain from the sale of property used in the partnership’s trade or business, and $81,000 of ordinary business income. a. assume that alex materially participates in the partnership. how much of his distributive share from eden lakes partnership is potentially subject to the net investment income tax?

The state in which the manufacturing company you work for is located regulates the presence of a particular substance in the environment to concentrations ≤ x. recently-released, reliable research endorsed by the responsible federal agency conclusively demonstrates that the substance poses no risks at concentrations up to 5x. your company has asked you to consider designing a new process with a waste discharge stream containing up to 2x of the substance. based on the stated conditions, describe this possible.