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Question 49 of 50 Malia and Verna began the Jittery Coffee Shop in 2016 as equal partners. In 2018, their financial records included the following

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Question 49 of 50 Malia and Verna began the Jittery Coffee Shop in 2016 as equal partners. In 2018, their financial records included the following $126,418 in gross receipts. $27,815 in purchases $4,112 in beginning inventory. $3,824 in inventory at the end of 2018. $28,146 in salaries for the baristas. $7,317 in general supplies $933 for business insurance. $2,457 for a new office desk purchased on September 1, 2018 for which they did not elect bonus depreciation or a Section 179 deduction. Malia and Verna did not take any distributions for 2018. However, they each have a guaranteed payment as a result of the capital they contributed. Malia receives $12,000 and Verna receives $15,000. What is the amount inclu Malia's Schedule K-1? What is the amount included in Box 14 of Verna's Schedule K-1? O Schedule K-1, box 14 Malia $17,284 Verna-$17.284 O Schedule K-1, box 14 Malia $30,784 Verna $30,784 O Schedule K-1, box 14- Malia- $29.284 Verna- $32,284 O Schedule K-1, box 14 Malia $41,284 Verna-$47.284 Mark for follow up

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