Kuldeep Singh just bought an Indian restaurant (goodwill) from Manpreet for the amount of $750,000 and on top of that Kuldeep also paid Manpreet $100,000 for Manpreet to agree not to open another...

Kuldeep Singh just bought an Indian restaurant (goodwill) from Manpreet for the amount of $750,000 and on top of that Kuldeep also paid Manpreet $100,000 for Manpreet to agree not to open another Indian restaurant for the next three (3) years. Kuldeep also pays $30,000 for Manpreet to advertise Kuldeep’s restaurant on Manpreet’s car.

Required:

How much “Ordinary Income” can Manpreet earn from the above scenario?