10-15Algo

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CUNY Lehman College *

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Industrial Engineering

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Jan 9, 2024

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12/13/23, 12:54 PM Document https://v2.cengagenow.com/media/js/manualGrading/previewInWindow.html 1/2 1 Check My Work used Exercise 10-15 (Algorithmic) (LO. 2, 6, 7, 9) Enercio contributes $162,800 in exchange for a 40% interest in the calendar year ABC LLC, which is taxed as a partnership. This year, the LLC generates $130,240 of ordinary taxable income and has no separately stated income or expenses. Enercio withdrew $16,280 from the partnership during the year. If an amount is zero, enter "0". Enercio is taxed on what amount of ABC's income? $ ✔ 52,096 How much of the $16,280 withdraw will Enercio be taxed? $ ✔ 0

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10-15Algo

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