During 2016, the Tastee Partnership reported income before guaranteed payments of $193,000. Stella owns a 45% profits interest and works 1,780 hours per year in the business. Euclid owns a 55% profits interest and performs no services for the partnership during the year. For services performed in 2016, Stella receives a salary of $9,650 per month. Euclid withdrew $19,300 from the partnership during the year.

If required, round your answers to the nearest dollar.

How much is the partnerships ordinary income after any deduction for guaranteed payments? $

For 2016, how much income will Stella and Euclid report? Stella: $ Euclid: $