4. SET Co. reports net income of $55,000. Partner salary allowances are Salem $15,000, Fareed $5,000, and Tahseen $5,000. Assuming the income ratio is 50: 30:20 respectively, the total division of net income to the partner Fareed is, a) $30,000 b) $14,000 c) $11,000 d) $21,000