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Green and Tan are members in an LLC. The busines5 reported net income of $144,000. The two members agreed that Green recelves a salary allowance
Green and Tan are members in an LLC. The busines5 reported net income of $144,000. The two members agreed that Green recelves a salary allowance of $21,400 and Tan recelves a salary allowance of $51,400. They also agreed that any remaining income or loss is to be shared by Green and Tan in a 2:3 ratio (in percents: Green, 40%, Tan, 60\%). Enter answers in the tabs below. Compute cach member's share of net income
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