Eileen in Sara did not take any distributions for 2018. However they each have a guaranteed payment as a result of the capital they contributed. Eileen receives $10000 Sara receives $12000. What is the cost of goods sold for the bean buzz for 2018 in what is the amount for their ordinary income or loss?

Answer rating: 100% (QA)

Answer Form 1125A line 8 30721 Form 1065 line 22 31478 Explanation Cost of goods sold Form 1125A lin... View the full answer