need help with C. The dropdown choices are shown, these are the answer choices for both blanks!

OBLEMS Flashcards to + takeAssignment/takeAssignmentMain.do?invoker-&takeAssignmentSessionLocatorinprogress-false eBook Problem 21-39 (LO. 7) Burgundy, Inc., and Violet are equal partners in the calendar year BV LLC Burgundy uses a fiscal year unding April 30, and Violet uses a calendar year. Burgundy recelves an annual guaranteed payment of $100,000 for use of capital contributed by Burgundy BV's taxable income (after deducting Burgundy's guaranteed payment) is $80,000 for 2020 and $90,000 for 2021 a. What is the amount of income from the LLC that Burgundy must report for its tax year ending April 30, 20217 140,000 b. What is the amount of income from the LLC that Violet must report for her tax year ending December 31, 20217 45,000 c. Now assume that Burgundy, Inc.'s annual guaranteed payment is increased to $120.000 starting on January 1, 2021. LLC taxable income (after deducting Burgundy's guaranteed payment) is $80,000 for 2020 and $90,000 for 2021. What is the amount of Income from the LLC that Burgundy, Inc, must report for its tax yaar anding April 30, 2017 with the increase in Burgundy's guaranteed payment to $120,000 on January 1, 2021, Burgundy income for the December 31, 2021 tax year is $140,000. The increase is collected as a guaranteed payment on the schedule 1 for Burgundy for the partnership year ended December 21, 2021, and Burgundy does not report thin amount tuntil the December 31, 2021 tax return is filed 52M O FIS DES IMIT ES FO SOVE 5 4 6 9 P R uses a calendar year. Burgundy BV's taxable income (after deducting Burgundy's guaranteed payment) is a. What is the amount of income from the LLC that Burgundy must repo 140,000 b. What is the amount of income from the LLC that Violet must report for April 30, 2021 C. April 30, 2022 April 30, 2023 gundy, Inc.'s annual guaranteed payment is incre ta Hucting Burgundy's guaranteed payment) is $80, December 31, 2021 ar he LLC that Burgundy, Inc., must report for its ta December 31, 2022 hundy's guaranteed payment to $120,000 on Janu December 31/2021 tax year is $140,000. The increase is reflected for Burgundy for the partnership year ended December 31, 2021, and Burg December 31, 2021 tax return is filed. w O F3 F4 F5 F6 F7 F8 F9 F10 ** OBLEMS Flashcards to + takeAssignment/takeAssignmentMain.do?invoker-&takeAssignmentSessionLocatorinprogress-false eBook Problem 21-39 (LO. 7) Burgundy, Inc., and Violet are equal partners in the calendar year BV LLC Burgundy uses a fiscal year unding April 30, and Violet uses a calendar year. Burgundy recelves an annual guaranteed payment of $100,000 for use of capital contributed by Burgundy BV's taxable income (after deducting Burgundy's guaranteed payment) is $80,000 for 2020 and $90,000 for 2021 a. What is the amount of income from the LLC that Burgundy must report for its tax year ending April 30, 20217 140,000 b. What is the amount of income from the LLC that Violet must report for her tax year ending December 31, 20217 45,000 c. Now assume that Burgundy, Inc.'s annual guaranteed payment is increased to $120.000 starting on January 1, 2021. LLC taxable income (after deducting Burgundy's guaranteed payment) is $80,000 for 2020 and $90,000 for 2021. What is the amount of Income from the LLC that Burgundy, Inc, must report for its tax yaar anding April 30, 2017 with the increase in Burgundy's guaranteed payment to $120,000 on January 1, 2021, Burgundy income for the December 31, 2021 tax year is $140,000. The increase is collected as a guaranteed payment on the schedule 1 for Burgundy for the partnership year ended December 21, 2021, and Burgundy does not report thin amount tuntil the December 31, 2021 tax return is filed 52M O FIS DES IMIT ES FO SOVE 5 4 6 9 P R uses a calendar year. Burgundy BV's taxable income (after deducting Burgundy's guaranteed payment) is a. What is the amount of income from the LLC that Burgundy must repo 140,000 b. What is the amount of income from the LLC that Violet must report for April 30, 2021 C. April 30, 2022 April 30, 2023 gundy, Inc.'s annual guaranteed payment is incre ta Hucting Burgundy's guaranteed payment) is $80, December 31, 2021 ar he LLC that Burgundy, Inc., must report for its ta December 31, 2022 hundy's guaranteed payment to $120,000 on Janu December 31/2021 tax year is $140,000. The increase is reflected for Burgundy for the partnership year ended December 31, 2021, and Burg December 31, 2021 tax return is filed. w O F3 F4 F5 F6 F7 F8 F9 F10 **