Yee Manages Huang Real Estate,a Partnership in Which She Is

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 $100,000 in ordinary income.What is Yee's distributive share and her guaranteed payment?

A) $$\begin{array} { | l | l | } \hline & \text { Guaranteed } \\ \text { Distributive Share } & \text { Payment } \\\hline \$ 40,000 & 0 \\\hline\end{array}$$
B) $$\begin{array} { | l | l | } \hline & \text { Guaranteed } \\\text { Distributive Share } & \text { Payment } \\\hline \$ 40,000 & \$ 80,000 \\\hline\end{array}$$
C) $$\begin{array} { | l | l | } \hline & \text { Guaranteed } \\\text { Distributive Share } & \text { Payment } \\\hline \$ 40,000 & \$ 40,000 \\\hline\end{array}$$
D) $$\begin{array} { | l | l | } \hline & \text { Guaranteed } \\ \text { Distributive Share } & \text { Payment } \\\hline 0 & \$ 80,000 \\\hline\end{array}$$