Bud and lou are equal partners in whose on partnership. In the current year, the partnership received revenues of 200,000 and paid the following amounts; 50,000 in rent and utilities, and a guaranteed payment of 20,000 to bud. Bud took a distribution of 15,000 and the partnership paid 10,000 of lous medical expenses. In addition, the partnership earned 4,000 of interest and made a 2,000 charitable contribution during the year. How much partnership income must lou report for the next year