2 X and Y are equal partners in a business partnership. The income and expenses of the partnership are as follows: Income Sales Interest Expenses $ 230,000 5,200 Operating costs deductible under s.8-1 83,000 Staff salaries 50,000 X's salary Y's salary 53,000 8,000 Staff superannuation 4,500 X's superannuation 12,000 Y's superannuation 450 Interest paid on loan from Partner X 1000 The net income of the partnership is: 96700 2 pts