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Question 25 of 75 Lara is a 50% partner in Dana's Deli. She is to receive a guaranteed payment of S20.000. If the partnership's ordinary income before deducting the guaranteed payment is $50,000, what is Lara's distributive share? O $20,000 O $25,000 o $35,000 Mark for follow up
Question 23 of 75 Lara is a 50% partner in Dana's Deli. She is to receive a guaranteed payrment of $20,000. If the partnership's ordinary income before deducting the guaranteed payment is $50,000, what is Lara's distributive share? O $15,000 O $20,000 O $25,000 o $35,000 □Mark for follow up
> Question 19 of 75. Hailie, Lauryn, and Camee formed HL&C, a general partnership, as equal partners. Hailie contributed $55,000 cash. Lauryn contributed and property with an adjusted basis of $20,000 and a FMV of $35,000. Camee contributed property with an adjusted basis of $43,000 and a dia ntributed $55,000 cash. Lauryn contributed $25,000 cash 43000 and a FMV of $55,000. The partnership made $30,000 m ordinary income for the year and there were no cash or property distributions. what...