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QUESTION 4 Hollywood Talent Services is a sole proprietorship operated by Phil Morris. The net income of Hollywood Talent Services is $23.000 for the year.

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QUESTION 4 Hollywood Talent Services is a sole proprietorship operated by Phil Morris. The net income of Hollywood Talent Services is $23.000 for the year. The beginning and ending Morris. Capital account was $33,000 and $50,000, respectively. During the year, there were no new capital contributions Calculate the amount of the owner's withdrawals for the year. $16,000 $6.000 $10.000 $9,000

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