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Roberto and Reagan are both 25-percent ownerimanagers for Bright Light Incorporated. Roberto runs the retail store in Sacramento, Califomia, and Reagan runs the retail store in San Francisco, California. Bright Light generated a $131,650 profit companywide made up of a $76,900 profit from the Sacramento store, a ($29,750) loss from the San Francisco store, and a,combined $84,500 profit from the remaining stores. If Bright Light is taxed as a partnership and it is decided that both Roberto and Reagan will be allocated 70 percent of his own store's profit, with the remaining profits allocated pro rata among all the owners, how much income will be allocated to Reagan in total? Multiple Choice ($20,825.00) $3,836.25 $21,496.25 ($25,332.50) Roberto and Reagan are both 25-percent owner/managers for Bright Light Incorporated. Roberto runs the retail store in Saciamento, California, and Reagan runs the retail store in San Francisco, California. Bright Light Incorporated generated a $128,500 profit companywide made up of a $76,000 profit from the Sacramento store, a ($27,500) loss from the San Francisco storf, and a combined $80,000 profit from the remaining stores. If Bright Light Incorporated is an S corporation, how much income will be allocated to Roberto? Multiple Choice $128,50000 $64,250.00 $32.125.00 $76,00000