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20 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
20 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? 5 points Complete this question by entering your answers in the tabs below. eBook Required A Required B Required C Compute each partner's distributive share of ordinary business income. Bonnie's share of ordinary business income George's share of ordinary business income Required B Required A
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