Exercise 10-22 (Algorithmic) (LO. 7) This year, the Tastee Partnership reported income before guaranteed payments of $277,000. Stella owns a 55% profits interest and works 1,940 hours per year in the business. Eudid owns a 45% 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, Stella receives a "salary" of $13,950 per month. Eudlid withdrew $27,700 from the partnership during the year as a normal distribution of cash from Taste (.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? b. How much is the partnership's ordinary' come after any permitted deduction for guaranteed payments? C. How much income will Stella report? d. How much income will Euclid report? s