Mercades, a calendar year laxpayer, is a forty percent (40%) general partner in a calendar year Cash Basis Partnership. For the current year, the Partnership received $182.000 Grass Revenues from services rendered and paid the following amounts: Rent Expense - $ 18,500; Salary To Employees - $46,400; Guaranteed Payment To Total/ Reportable Income as a result of the Partnership activities) for the current year is: Mercedes - 806,800, Cash Distributions To Partners - $18,000; Payment For Accounting Services - $5,600. Mercedes' share of Income from the Partnership (ie. 0 586800 0 521.060. 0 $57.880 0 $50680