Question: Self-Study Problem 10.5 R&S Associates is a partnership with a tax year that ends on August 31, 2017. During the partnership's tax year, R $1,000

Self-Study Problem 10.5 R&S Associates is a partnership with a tax year that ends on August 31, 2017. During the partnership's tax year, R $1,000 per month as a guaranteed payment, and his share of partnership income after guaranteed payments was $21,000.F obert, a partner, recelved through December of 2017, Robert's guaranteed payment was increased to $1,500 per month. Calculate the amount of income from the partnership that Robert should report for his 2017 catendar tax year

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