Yee Manages Huang Real Estate, a Partnership in Which She $$\begin{array} { | l | l | } \hline \text { Distributive Share } & \text { GuaranteedPayment } \\\hline \$ 40,000 & 0 \\\hline\end{array}$$

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

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