10. Simone is a calendar year cash basis taxpayer. She owns a 50% profit and loss interest in a cash basis partnership with a September 30 year-end. The partnerships operating income (after deducting guaranteed payments) was $72,000 ($6,000 per month) and $96,000 ($8,000 per month), respectively, for the partnership tax years ended September 30, 2010 and 2011. The partnership paid guaranteed payments to Simone of $1,000 and $2,000 per month during the fiscal years ended September 30, 2010 and 2011. How much will Simones adjusted gross income be increased by these partnership items for her tax year ended December 31, 2010?

a.	$12,000.
b.	$15,000.
c.	$48,000.
d.	$55,000.
e.	None of the above. Can you explain step by step how to get to the answer C?