Under a partnership agreement, Vivian Burnett is to receive 25% of the partnership's income, but not less than $12,000. The partnership's net income for this year was $36,000. What amount can the partnership deduct as a guaranteed payment and what amount of income is Vivian required to report on her individual tax retur? Partnership deduction: $3,000. Vivian's income: $12,000. Partnership deduction: $3,000. Vivian's income: $21,000. Partnership deduction: $12,000. Vivian's income:$9,000. Partnership deduction: $12,000. Vivian's income $21.000