Nash and Ford are partners who share profits and losses equally. For the current tax year, the partnership had book income of $70,000 which included the following deductions:

Guaranteed payments to partners:

Nash: $35,000

Ford: $25,000

Charitable contributions: $5,000

What about should be reported as ordinary income on the partnership return fr the current tax year?

A) $135,000

B) $130,000

C) $89,000

D) $75,000

E) None of these choices are correct