On December 31 of Last Year,Pat Gave His Daughter,Joy,a Gift

Multiple Choice

On December 31 of last year,Pat gave his daughter,Joy,a gift of a 50% interest in a partnership in which capital is a material income-producing factor.For the current calendar year,the partnership's ordinary income was $100,000.Pat and Joy were the only partners,and there were no guaranteed payments.Pat's services performed for the partnership were worth $40,000,and Joy has never performed any services.What is Joy's distributive share of partnership income for the current year?

A) $50,000.
B) $40,000.
C) $30,000.
D) $20,000.
E) None of the above.