(Federal) A taxpayer is one half owner of an interest in a partnership, and gets his Schedule K-1 showing the amount of income that he received. It shows that he made $25,000 in ordinary business income and $10,000 in guaranteed payments. Assuming that there are no unreimbursed partnership expenses; What is the amount of that income that will be subject to self-employment tax on the Schedule SE?

$35,000

$25,000

$10,000

$0