Question: Exercise 1 0 - 1 5 ( Algorithmic ) ( L 0 . 2 , 6 , 7 , 9 ) Enercio contributes $ 1

Exercise 10-15(Algorithmic)(L0.2,6,7,9)
Enercio contributes $189,200 in exchange for a 40% interest in the calendar year ABC LLC, which is taxed as a partnership. This year, the LLC generates $151,360 of ordinary taxable income and has no separately stated income or expenses. Enercio withdrew $18,920 from the partnership during the year.
If an amount is zero, enter "0".
Enercio is taxed on what amount of ABC' s income?
$
How much of the $18,920 withdraw will Enercio be taxed?
$
 Exercise 10-15(Algorithmic)(L0.2,6,7,9) Enercio contributes $189,200 in exchange for a 40% interest

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