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22 Cheetah, Panther, and Jaguar each contributes $10,000 to form Safari LLC (a partnership) and becomes er will equal partners. Panther acts as the recruiter
22 Cheetah, Panther, and Jaguar each contributes $10,000 to form Safari LLC (a partnership) and becomes er will equal partners. Panther acts as the recruiter for the partnership and the partners agree that Panth receive a fixed pay of $9,000 every year before receiving partners' distributive share of the profits (a guaranteed payment). This year, ABC Partnership has ordinary income of $72,000 (before the guaranteed payment). How much ordinary income will Jaguar receive from Safari LLC receive this year? a $31,000 b $24,000 $21,000 d $9,000 e $10,000
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