This year, the Tastee Partnership reported income before guaranteed payments of $182,500. Stella owns a 50% profits interest and works 1,850 hours per year in the business. Euclid owns a 50% profits interest (with a basis of $30,000 at the beginning of the tax year) and performs no services for the partnership during the year. For services performed during the year, Stella receives a "salary" of $9,125 per month. Euclid withdrew $18,250 from the partnership during the year as a normal distribution of cash from Tastee (i.e., not for services).

If required, round your answers to the nearest dollar.

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a. What is the amount of guaranteed payments made by the partnership this year? $-------

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b. How much is the partnership's ordinary income after any permitted deduction for guaranteed payments? $------

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c. How much income will Stella report? $------

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d. How much income will Euclid report? $------