Partrnership XYZ has three equal partners and uses a calendar year end. For the current year XYZ has ordinary income of $180,000. On April 30 Z sells her one-third interest to W. Assuming the partnership does not close its books on April 30, what is Z's distributive share and on what day does this share flow to her?

$20,000 on April 30.

$20,000 on December 31.

$60,000 on April 30.

$60,000 on December 31.