Which of these shareholder-employees seems to be receiving reasonable compensation from the S corporation? Ashlynn is the only shareholder-employee of an S corporation that makes $213,179 a year. She paid herself a salary of $56,321, which is comparable to other employees in her field of work.
Boniface is one of six shareholder-employees of an S corporation with a fireworks superstore, which makes $348,792 a year. He pays himself a salary of $20,000 for his full-time position running the company on a daily basis.
Quintin is an optometrist who owns an S corporation, which makes $553,468 a year, with two other shareholders. He pays himself a salary of $53,467. Comparable optometrist salaries range from $110,000 to $150,000. ERROR
Ravyn is a shareholder-employee of an S corporation that makes $64,789 a year. She pays herself a salary of $1,000.

Ashlynn is the only shareholder-employee of an S corporation that makes $213,179 a year. She paid herself a salary of $56,321, which is comparable to other employees in her field of work.

Explanation:

An S corporation is required to pay reasonable salaries to the shareholder-employees for the services which are rendered to the organization before any other distributions are being made. This is vital in the protection from penalties and assessments of tax.

Based on the options given, the shareholder-employees that seems to be receiving reasonable compensation from the S corporation is Ashlynn is the only shareholder-employee of an S corporation that makes $213,179 a year. She paid herself a salary of $56,321, which is comparable to other employees in her field of work.

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fill in the blank with the correct answer. carlos and sofia and from toa baja to travel west along the coast.