On July 31, 2020, Tassels Company amended its defined benefit pension plan by granting increased benefits for services provided prior to 2020. This prior service cost will be reflected in its December 31 year-end financial statement (s) for: a)Years before 2020 only b)2020 only c)2020 and years before and after 2020 d)2020 and the following years only

Roberto and reagan are both 25 percent owner/managers for bright light inc. roberto runs the retail store in sacramento, ca, and reagan runs the retail store in san francisco, ca. bright light inc. generated a $125,000 profit companywide made up of a $75,000 profit from the sacramento store, a ($25,000) loss from the san francisco store, and a combined $75,000 profit from the remaining stores. if bright light inc. is an s corporation, how much income will be allocated to roberto?