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Business, 22.11.2019 03:31 nathanbrockdac

Bonnie and george are equal general partners in bg partnership. bonnie receives a $4,000 monthly guaranteed payment for services. this year, bg generated $95,000 profit (before consideration of bonnie’s guaranteed payments).a. compute each partner’s distributive share of ordinary business income. b. compute each partner’s self-employment income. c. how would your answers change if bg’s profit was only $32,000 instead of $95,000? (losses should be indicated by a minus sign.)

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