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Lara is a 50% partner in Dana's Deli. She is to receive a guaranteed payment...

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Accounting

Lara is a 50% partner in Dana's Deli. She is to receive a guaranteed payment of $20,000. If the partnership's ordinary income before deducting the guaranteed payment is $50,000, what is Lara's distributive share? a. $15,000 b. $20,000 c. $25,000 d. $35,000

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