Jack Owns a 50% Interest in the Westhaven Partnership

Multiple Choice

Jack owns a 50% interest in the Westhaven Partnership. Jack receives a distribution of $100,000 from Westhaven and is provided with medical insurance and a $50,000 group-term life insurance policy that costs the company $4,000. Westhaven's taxable income before considering the payments to and on behalf of Jack is $180,000. How much income does Jack have from Westhaven?

A) $4,000
B) $90,000
C) $92,000
D) $94,000
E) $100,000