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KAT Company is a partnership with two equal partners, Kal and Taonga, The partnership has income for the year of 544,400 before guaranteed payments. Guaranteed

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KAT Company is a partnership with two equal partners, Kal and Taonga, The partnership has income for the year of 544,400 before guaranteed payments. Guaranteed payments of $26,640 are paid to Kal during the year. Calculate the amount of income that should be reported by Kaland Taonga from the partnership for the year, Kal should report income of Taonga should report income of

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