-/1 View Policies Current Attempt in Progress Lesley Sheridan and Darcy Bonita formed a partnership by contributing S20000 and $30000 respectively. The company reported net income of $35000 in its first year of operations. Assuming the partners share profits and losses based on the beginning of year capital balances, how much would be distributed to each partner? L Sheridan-$20000, D. Bonita - $30000 L Sheridan - $14000, D. Bonita - $21000 L. Sheridan - $17500, D. Bonita - $17500 L. Sheridan - $35000: D. Bonita - $35000 Save for Later Attempts: 0 of 1 used Submit Armour