A partnership began its first year of operations with the following capital balances:

Young, Capital	$	143,000
Eaton, Capital	$	104,000
Thurman, Capital	$	143,000

The Articles of Partnership stipulated that profits and losses be assigned in the following manner:

Young was to be awarded an annual salary of $26,000 and $13,000 salary was to be awarded to Thurman.

Each partner was to be attributed with interest equal to 10% of the capital balance as of the first day of the year.

The remainder was to be assigned on a 5:2:3 basis to Young, Eaton, and Thurman, respectively.

Each partner withdrew $13,000 per year.

Assume that the net loss for the first year of operations was $26,000 with net income of $52,000 in the second year.

What was Young's total share of net income for the second year?

Multiple Choice

$17,160 income.

$4,160 income.

$19,760 income.

$17,290 income.

$28,080 income.