Martina is a member of MNOP, LLC, with a 20% share of profits and losses. She receives a $50,000 guaranteed payment for her services as MNOP's marketing director. This year, MNOP's ordinary income is $200,000. How much of this ordinary income is taxed to Martina? $80,000 $40,000 $90,000 $50,000 Tax savings can be obtained by shifting income among: Entities Tax years Jurisdictions All of these answers are correct. Taxpayer has expenses of $35,000 for business meals and $16,000 for business entertainment. What amount is deductible? $51,000 Zero $25,500 $17,500