Michelle has the following income for 2019:

- Net Schedule C income of 40,000
- Travel and entertainment expenses of10,000
- K-1 income from a general partnership of 5,858
- K-1 income from an S corporation of20,000 (distributed)

What amount of self-employment tax will she have to pay?
1) $3,240
2) $5,632
3) $6,840
4) $7,016
5) $9,305