T sold his son a 30% interest in his partnership on January 1, of the current year. T retained a 50% interest and the remaining partner is T's father. The partnership had taxable income of $100,000 fo

T sold his son a 30% interest in his partnership on January 1, of the current year. T retained a 50% interest and the remaining partner is T's father. The partnership had taxable income of $100,000 for the year. T drew no salary from the partnership.  Capital is a material income-producing factor. The partnership and the partners have a calendar- year tax year. What is T's share of taxable income if T performed  services worth a reasonable compensation of $30,000 and the son performed no services?

$25,000

$40,000

$65,000

$80,000

.