Tom and Annie are married and lived in California the entire year. On June 30, they separated, and Tom moved into his own apartment with no intention of reconciling. From January-June, Tom earned $40,000, and Annie was a homemaker. From July-December, Tom earned $40,000, and Annie earned $20,000. How much will they each report on their separate California tax returns?

Tom will report $40,000, and Annie will report $60,000.

Tom will report $50,000, and Annie will report $50,000.

Tom will report $60,000, and Annie will report $40,000.

Tom will report $80,000, and Annie will report $20,000.