Latoya Owns a 10% Interest in the ABC Partnership from January

question 97

Multiple Choice

Latoya owns a 10% interest in the ABC Partnership from January 1 through June 30 (the 181st day of the tax year) of the current year (a non-leap year) . On July 1, Latoya buys an additional 10% interest in the partnership. The XYZ Partnership's ordinary income is $109,500 and it is earned evenly throughout the year. Latoya's distributive share of the ordinary income is

• A)$16,380.
• B)$16,425.
• C)$16,470.
• D)$21,900.

---

Definitions:

Transrectal Ultrasound

An imaging test using sound waves to create pictures of the prostate gland and surrounding tissues, performed by inserting a probe into the rectum.

Prostate Biopsy

A procedure where small samples of the prostate gland are removed to be examined under a microscope for cancer or other conditions.

Epididymitis

Inflammation of the epididymis, often caused by infection, leading to pain and swelling in the scrotum.

Scrotal Area

The anatomical area surrounding and containing the testicles, often referred to in medical examinations or procedures.