Question Completion Status: QUESTION 7 Erin, who is a self-employed party consultant, made $60,000 in net income from her business in 2020. Compute her self- employment tax liablitiy for 2020. Make sure you consult the book and how to compute this amount. $4,590 $7,440 $8.477.73 O $9,180.00 QUESTION 8 Eric and will have a partnership. They agree to split profits and losses 4096 for Eric and 60% for Will. Their begining capital accounts were $100,000 and $150,000 in 2019. They made no withdrawals in 2019 but the partnership incurred a loss of $50,000. During 2020 the partnership made a profit of $100,000. What is the amount of taxable income for 2020 and their ending capital balances at the end of 2020 if Eric withdrew $40,000 and Will withdrew $30,000. Eric, $20,000 and $80,000 Will $30,000 and $150,000 O Eric. $40,000 and $80,000 Will $60,000 and $150,000 Eric. $40,000 and $100,000 Will $60,000 and $180,000 None of the other three are correct. Click Save and Submit to save and submit. Click Save All Arsus to save all anter