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Guaranteed payments made by a partnership to partners for services rendered to the partnership include which of the following? 1. Sales of partners' assets to
Guaranteed payments made by a partnership to partners for services rendered to the partnership include which of the following?
1. Sales of partners' assets to the partnership at guaranteed amounts regardless of market values
2. A salary of $170,000 annually without regard to partnership income
3. Payments of principal on secured notes honored at maturity
4. Net long-term capital gains earned by the partnership
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