QUESTION 34 Shelly has a June 30 fiscal year end. She owns a fifty percent (50%) interest in a calendar year Partnership. For the 2019 calendar year, the Partnership's Taxable income was $50,000 and for the 2020 calendar year it was $40,000 During the 2019 calendar year, the Partnership paid Shelly a Guaranteed Payment of $100 per month. During the 2020 calendar year, the Partnership paid Shelly a Guaranteed Payment of $200 per month How much total Taxable income from the Partnership must Shelly report for her tax year that ends June 30, 2020? $21,200 $26,800 $21,800 $26,200