A and B carry on business as partners. The partnership derives an income of $50,000 and incurs deductions of $30,000 (excluding As salary). The partnership agreement provides for a salary of $25,000 to A and thereafter profits and losses to be equally shared. What is the s90 net income/loss?

A. Loss of $5,000

B. Loss of $2,000

C. Net income of $20,000

D. Net income of $25,000