Jason is a 5% limited partner in Groundbreaking Technology Partnership. He also serves as the partnership's chief marketing director. This year, he received a guaranteed payment of $85,000 for his services as marketing director. His share of the partnership's business income was $3,500. What is the total amount that will be reported as net earnings from self-employment in box 14 of Jason's Schedule K-1 (Form 1065)?

$3,500

$81,500

$85,000

$88,500