Please help with the below! Please determine the after-tax cash flow for the fol

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Please help with the below!

Please determine the after-tax cash flow for the following scenarios. For each of the situations the income earned/allocated = $125,000 and the amount distributed is 75,000. Please consider SS tax (12.4% and Medicare 2.9%). Social Security income limit $110,100. For each form provide after tax net income and after tax cash flow. Charlie is a sole proprietor Charlie is a 50% partner and receives a guaranteed payment of $50,000 and his distribution from the total partnership income of $200,000 (which is net the guaranteed payment). Charlie takes a distribution of $25,000. Charlie is a 50% owner of an S-Corporation and receives a salary of $50,000. S-Corp income is 250,000 (before Charlie's $50,000 salary). Charlie takes a distribution of $25,000.

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