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Compute the least aggregate deferral using the partner information below.

Partner

Partnership Interest

Tax Year End

Aaron

10%

11/30/2013

Alfred

25%

12/31/2013

Betty

35%

6/30/2013

Curtis

5%

11/30/2013

Derek

15%

6/30/2013

Elroy

10%

12/31/2013

Requirements:

Clearly identify the requirements being addressed. Show all calculations within the cells of an Excel spreadsheet. This means that you must use formulas and links so that your thought process can be examined. Make good use of comments to convey your thought process as well. No hard coding of solutions is permitted. Submit a single MS Excel file for grading

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