Question: Required information Problem 20-58 (LO 20-4) (Static) (The following information applies to the questions displayed below.) Turtle Creek Partnership had the following revenues, expenses, gains,

 Required information Problem 20-58 (LO 20-4) (Static) (The following information applies
to the questions displayed below.) Turtle Creek Partnership had the following revenues,

Required information Problem 20-58 (LO 20-4) (Static) (The following information applies to the questions displayed below.) Turtle Creek Partnership had the following revenues, expenses, gains, losses, and distributions: Sales revenue Long-term capital gains Cost of goods sold Depreciation-MACRS Amortization of organization costs Guaranteed payments to partners for general management Cash distributions to partners Problem 20-58 Part a (Static) . Given these items, what is Turtle Creek's ordinary business income (loss) for me year? Ordinary income (loss) tic) Co the questions displayed llowing revenues, utions: $ 40,000 $ 2,000 $(13,000) $ (3,000) $ (1,000) $(10,000) $ (2,000) osts s for general management ordinary business income (loss) for Required information Problem 20-58 (LO 20-4) (Static) (The following information applies to the questions displayed below.) Turtle Creek Partnership had the following revenues, expenses, gains, losses, and distributions: Sales revenue Long-term capital gains Cost of goods sold Depreciation-MACRS Amortization of organization costs Guaranteed payments to partners for general management Cash distributions to partners Problem 20-58 Part a (Static) . Given these items, what is Turtle Creek's ordinary business income (loss) for me year? Ordinary income (loss) tic) Co the questions displayed llowing revenues, utions: $ 40,000 $ 2,000 $(13,000) $ (3,000) $ (1,000) $(10,000) $ (2,000) osts s for general management ordinary business income (loss) for

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