Exercise 10-21 (Algorithmic) (L0, 6, 7) This year, the Tastee Partnership reported incorne before guaranteed payments of $291,000. Stella owns a 40%6 profits interest and works 1,670 hours per year in the business. Euclid owns a 60% profits interest (with a basis of $30,000 at the beginning of the tax year) and performs no services for the partnership during the year. For services performed during the year, 5 tella receives a "salary" of $14,550 per month, Euclid withdrew $29,100 from the partnership during the year as a nomal distribution of cash from Tastee (1.e., not for services). If required, round your answers to the nearest dollar. a. What is the amount of guaranteed payments made by the partnership this year? Feedhack: TCheck Hy Work A guaranteed payment is a payment to a partner for services performed by the partner or for the use of the partner's capital