Big White is an aggressive hedge fund in Drien, CT. Big White is owned by 5 funding partners ( 20% each) and has US $10 billion in Assets Under Management (AUM). They charge the classic fees of 2% over AUM and 20% over performance. In 2021 , Big White got burnt being short meme stocks, therefore delivering an annual return of only 5%. Big White spent a total of US $100 million in IT, space, back office, legal and compliance, fees, and compensation for non-partners. Assume that Big White does not retain earnings to increase capital. Based on this information, how much will EACH partner take home in 2021? Selected Answer: [None Given] Answers: a. \$6 million each b. $40 million each c. \$4 million each d. \$60 million each