Problem: Module 7 Textbook Problem 2 Learning Objective: 7-4 Explain the flow-through of partnership items to the partners This year, Herb Partnership generated $670,000 ordinary business income. Herb has two equal partners: Savory LLC and Sweet Corp, an S corporation. Savory LLC has three members: Mr. Parsley, an individual who owns a 45 percent interest; Mrs, Rosemary, an individual who owns a 35 percent interest; and Sage Inc, a C Corporation which owns a 20 percent interest. Sweet Corp. has 100 shares of outstanding stock, all of which are owned by Ms. Mint, an individual. Required: Identify the taxpayers who must pay tax on the partnership income, and determine how much income must be reported by each. If a taxpoyer does not have to pay tax due to Herb Partnership's allocated income, put " 0 " for the