Alpha Corp. and Beta Corp formed a new partnership, with its first year-end of September 30, 2019 year-end. It earned net income of $140,000 in 2020. For the period October 1 to December 31, 2019 the income of the partnership is $22,000. Alpha is entitled to 60 percent of the net income and Beta the remaining 40 percent. What is the lowest amount of net income Beta can report for its December 31, 2019 corporate year-end? There was no accrual in the prior year. a) $64,800 b) $70,115 c) $78,000 d) $97,200 Minutes remaining:66 Previous Question Next Question View Summary and Submit