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Willie owns a 5 0 % interest in the capital and profits of ABC Company ( a calendar year partnership ) . For tax year

Willie owns a 50% interest in the capital and profits of ABC Company (a calendar year partnership). For tax year 2023, the partnership earned revenue of $600,000 and had operating expenses of $400,000. During the year, Willie withdrew from the partnership a total of $50,000. For 2023, Willie's gross income from the partnership reported on his K-1 is:
Group of answer choices
$600,000
$200,000
$100,000
$150,000
$250,000

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