Berry and Jerry are partners in a Crown Corp a general partnership company. Each writes one another a cheque for $40,000. Which is true about the $40,000? a. The $40,000 is considered partnership share of partnership income. b. The $40,000 is considered employment income. c. The $40,000 is taxable. d. The $40,000 is a cash distribution and hence not taxable. The $40,000 is considered partnership share of partnership income. The $40,000 is considered employment income. The $40,000 is taxable. The $40,000 is a cash distribution and hence not taxable