Yee Manages Huang Real Estate, a Partnership in Which She $\begin{array}{|l|l|}\hline\text { Distributive Share } & \text { Guaranteed Payment } \\\hline\$ 80,000 & \$ 80,000 \\\hline\end{array}$

Yee manages Huang real estate, a partnership in which she is also a partner. She receives 40% of all partnership income before guaranteed payments, but no less than $80,000 per year. In the current year, the partnership reports $400,000 in ordinary income. What is Yee's distributive share and her guaranteed payment?

A) $\begin{array}{|l|l|}\hline\text { Distributive Share } & \text { Guaranteed Payment } \\\hline\$ 80,000 & \$ 80,000 \\\hline\end{array}$
B) $\begin{array}{|l|l|}\hline\text { Distributive Share } & \text { Guaranteed Payment } \\\hline 160,000 & 0 \\\hline\end{array}$
C) $\begin{array}{|l|l|}\hline \text { Distributive Share } & \text { Guaranteed Payment } \\\hline \$ 160,000 & \$ 80,000\\\hline \end{array}$
D) $\begin{array}{|l|l|}\hline\text { Distributive Share } & \text { Guaranteed Payment } \\\hline\$ 160,000 & \$ 160,000 \\\hline\end{array}$