Roberto and Reagan are both 25-percent owner/managers for Bright Light Incorporated. Roberto runs the retail store in Sacramento, California, and Reagan runs the retail store in San Francisco, California. Bright Light Incorporated generated a $131,650 profit companywide made up of a $76,900 profit from the Sacramento store, a ($29,750) loss from the San Francisco store, and a combined $84,500 profit from the remaining stores. If Bright Light Incorporated is an S corporation, how much income will be allocated to Roberto? Multiple Choice $32,912.50 $65,825.00 $76,900.00 $131,650.00