Tylan Company reports the following results for the current year. Gross profit from sales 1,285,000.00 Dividends received (less than 20% ownership) 66,000.00 Long-term capital loss 48,000.00 Salaries paid to employees 500,000.00 Salaries paid to owners 220,000.00 Investment interest expense 20,000.00 Depreciation 200,000.00 Charitable contributions 300,000.00 Assume that Tylan is a partnership owned by Tyler (60 percent) and Aran (40 percent). Tyler receives a salary of $100,000, and Arlan receives a salary of $120,000. The salaries are not guaranteed payments. #4 A Determine the partnership's operating income. #4B Determine the total tax liability for Tyler, assuming he has net taxable income from other sources of $25,000, which includes a $8,000 long tem capital gain. Assume Tyler is single and has income from other sources that offset his allowable Don't forget to look for items such as the QBI deduction and to include other tax liabilities such as Social Security taxes or self employment taxes. #4C Determine the total tax liability for Arlan, assuming he has net taxable income from other sources of $5,000. Assume Arlan is single and has income from other sources that offset his allowable deductions. Don't forget to look for items such as the QBI deduction and to include other tax liabilities such as Social Security taxes or self employment taxes. Tylan Company reports the following results for the current year. Gross profit from sales 1,285,000.00 Dividends received (less than 20% ownership) 66,000.00 Long-term capital loss 48,000.00 Salaries paid to employees 500,000.00 Salaries paid to owners 220,000.00 Investment interest expense 20,000.00 Depreciation 200,000.00 Charitable contributions 300,000.00 Assume that Tylan is a partnership owned by Tyler (60 percent) and Aran (40 percent). Tyler receives a salary of $100,000, and Arlan receives a salary of $120,000. The salaries are not guaranteed payments. #4 A Determine the partnership's operating income. #4B Determine the total tax liability for Tyler, assuming he has net taxable income from other sources of $25,000, which includes a $8,000 long tem capital gain. Assume Tyler is single and has income from other sources that offset his allowable Don't forget to look for items such as the QBI deduction and to include other tax liabilities such as Social Security taxes or self employment taxes. #4C Determine the total tax liability for Arlan, assuming he has net taxable income from other sources of $5,000. Assume Arlan is single and has income from other sources that offset his allowable deductions. Don't forget to look for items such as the QBI deduction and to include other tax liabilities such as Social Security taxes or self employment taxes