An S corporation has the following information for the taxable year:

Net income before the following listed items:$120,000

Tom's salary:($50,000)

Other income:$40,000

Other expenses:($20,000)

Resulting Net Income:$90,000

Tom is a 20% owner of the S corporation and he performs services for the business as an employee.What is Tom's self-employment income?

• 120000
• 90000
• 70000
• 0