Oliver's K1 would reflect what income to be recognized for the year and what would be the character of that income?
a) $249,000 ordinary income and $83,000 long-term capital gain
b) $249,000 long-term capital gain and $83,000 ordinary income
c) $249,000 total income with a mix of ordinary income and long-term capital gain
d) $830,000 total income with a mix of ordinary income and long-term capital gain