On January 2 of the current year, Calloway and Taylor contribute cash equally to form the CT Partnership. Calloway and Taylor share profits and losses in a ratio of 80% and 20%, respectively. The partnership's ordinary income for the year was $50,000. Taylor received a distribution of $5,000 during the year. What is Taylor's share of taxable income for the year?

A) $5,000

B) $10,000

C) $20,000

D) $30,000