Baker, a cash-basis, calendar-year taxpayer, is a partner in an accrual-basis partnership that reports its taxable income on an October 31 fiscal year. Baker has been provided the following information:

The partnership was short of cash and paid none of the above to Baker until January 3, 2020. Compute Baker's income from the partnership for 2018.

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Baker's distributive share of partnership ordinary income Baker's "salary" $1,000 per month $1,500 per month FY 17-18 $30,000 12,000 FY 18-19 $40,000 18,000