Question: 4 points 11. An LLC borrows $100 from a bank. At the end of the LLC's tax year, the $100 principal on the promissory note

4 points 11. An LLC borrows $100 from a bank. At the end of the LLC's tax year, the $100 principal on the promissory note is still outstanding (i.e. still owed to the bank). The note was signed by both A and B as managers and A and B individually. How much recourse and/or nonrecourse debt is allocated to each member? Nonrecourse Recourse B

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