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Cleo is a 50% partner in A Smidgen of Fluff, a pillow store. Under the terms of the partnership agreement, she is to receive 50%

Cleo is a 50% partner in A Smidgen of Fluff, a pillow store. Under the terms of the partnership agreement, she is to receive 50% of the partnership income, but no less than $25,000. If the store's net income for the year is $54,000, what amount of income does Cleo earn from this partnership?

A)$12,500

B)$25,000

C)$27,000

D)$52,000

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