Isabel is a 40% partner in the ICE Partnership. During the current year, ICE reported gross receipts of $160,000 and a charitable contribution of $10,000. The partnership paid expenses of $120,000. In addition, ICE distributed $10,000 each to partners Isabel and Emiki. Isabel reports which of the following income from ICE during the current tax year? 

a. $4,000 ordinary income 

b. $24,000 ordinary income; $6,000 charitable contribution 

c. $12,000 ordinary income 

d. $16,000 ordinary income; $4,000 charitable contribution 

e. $8,000 ordinary income; $4,000 charitable contribution

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