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Molly is a 30% partner in the MLM Partnership. During the current tax year, the partnership reported ordinary income of $200,000 before any permitted deduction

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Molly is a 30% partner in the MLM Partnership. During the current tax year, the partnership reported ordinary income of $200,000 before any permitted deduction for guaranteed payments and distributions to partners. The partnership made an ordinary cash distribution of $20,000 to Molly and made guaranteed payments to partners Molly, Amber, and Pat of $20,000 each ($60,000 total guaranteed payments). How much will Molly's adjusted gross income increase as a result of these items? $62,000 $42,000 $60,000 $36,000

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