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QUESTION 38 Luigi Fantappie is a 50% partner in the Manocchio LLP partnership. Manocchio LLP has taxable income for the year of $200,000. Luigi received

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QUESTION 38 Luigi Fantappie is a 50% partner in the Manocchio LLP partnership. Manocchio LLP has taxable income for the year of $200,000. Luigi received a $100,000 distribution from the partnership. What amount of income related to Manocchio LLP must Luigi Fantappie recognize? O A $50,000 OB. $75,000 c. $100,000 D. $150,000 E. $200,000 QUESTION 39

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