The Business Is a Partnership and T Is a 50 $\quad$

Multiple Choice

The business is a partnership and T is a 50 percent owner.T is single and has no other tax information. Income from services $\quad$$\$ 100,000$
Net capital loss $\quad$ 2,200
Guaranteed compensation paid to $\mathrm { T } \quad 10,000$
Life insurance premium for $\mathrm { T }$ ,
payable to T's children $\quad$ 300
Other operating expenses $\quad 54,000$ Ignoring self-employment taxes, T's A.G.I, is

A) $21,900
B) $24,400
C) $26,750
D) $27,050