10. Under the terms of a partnership agreement, Annabelle is entitled to a fixed annual payment of $10,000 without regard to the income of the partnership. Her distributive share of the partnership income is 10%. The partnership has $50,000 of ordinary income after deducting the guaranteed payment. Which of the following states the amount and character of Annabelles income from the partnership? a. $15,000 of ordinary income b. $10,000 capital gain and $5,000 of ordinary income c. $15,000 of capital gain d. $10,000 of ordinary income and $5,000 capital gain