The ABC Company generated for 2021 net income from operations of $250,000. At the end of said taxable year, the Company distributed half of its net income from operations to its four (4) individual partners, classified as managing partners and who have a 25% share each. Partners are subject to a 20% income tax rate.

With respect exclusively to the data presented above, assuming the partners have no other gross income and ignoring any deduction applicable to the partners, how much is the total tax paid by the four (4) partners in income tax and Federal Income Tax? Self-Employment for 2021?

a. $88,250

b. $42,662

c. $85,323

d. $44,125