Molly is a partner in an engineering firm, She is active in the business and serves as the partnership's chief accounting officer. She receives a guaranteed payment of $50,000 each year without regard to the firm's profits or losses. Assuming the payment is reported correctly on her Schedule K-1 (Form 1065), how should Molly report this income on her tax return? O Self-employment income, reported on Schedule C, Profit or Loss from Business (Sole Proprietorship) Passive income, reported on Schedule E. Supplemental Income and Loss O Nonpassive income, reported on Schedule E. Supplemental income and Loss O Wages, salaries, sips, etc. reported directly on Form 1040