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54. Edward, Robert, and Brenda form a partnership. Cash invested in $50,000 by Edward, $60,000 by Robert, and $90,000 by Brenda. The articles of partnership

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54. Edward, Robert, and Brenda form a partnership. Cash invested in $50,000 by Edward, $60,000 by Robert, and $90,000 by Brenda. The articles of partnership specify that net income is to be divided 2:4:4 among Edward, Robert, and Brenda, respectively. The partnership has net income of $120,000. How much of the income is allocated to Brenda? a. $48,000 c. $60,000 b. $24,000 d. $36,000

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