"Rival 4-Partnership," a competitor of "Capital Accounts Partnership," has four partners. In this entity, each one is required to work full time and, per the agreement, is entitled to of any profits and losses incurred.At the end of its first year, "Rival Partnership" has the following data associated with it:

Gross income: $ 2,000,000

Ordinary business expenses: $ 1,000,000

Capital gains: $ 50,000

Charitable contributions: $ 10,000

Stock holding dividends: $ 20,000

When receiving Form K-1 at tax time, each partner shows

A.capital gains of $50,000; in the first year of operation, all partners must include the total amount of capital gains received

B.charitable contributions of $3,000; a maximum 30% deduction is permitted

C.stock dividends of $6,667; the profits rule does not apply to receipt of dividend income

D.ordinary income of $250,000