Marina is a 40% partner in a beauty salon and serves as the manager. Under the...

 

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Marina is a 40% partner in a beauty salon and serves as the manager. Under the terms of the partnership agreement, she is to receive 40% of the partnership income, but no less than $25,000. If the salon's ordinary income for the year is $70,000, what amount can the partnership deduct as a guaranteed payment? $0 $3,000 $25,000 $28,000X Marina is a 40% partner in a beauty salon and serves as the manager. Under the terms of the partnership agreement, she is to receive 40% of the partnership income, but no less than $25,000. If the salon's ordinary income for the year is $70,000, what amount can the partnership deduct as a guaranteed payment? $0 $3,000 $25,000 $28,000X

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