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Aya, Sandra and Alaa, the partners in ASA Company, have capital balances on January 1. 2020 of $150,000, $60,000 and $40.000 respectively. On December 31,

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Aya, Sandra and Alaa, the partners in ASA Company, have capital balances on January 1. 2020 of $150,000, $60,000 and $40.000 respectively. On December 31, 2020 the net income of ASA Company is $30.000. The partnership income-sharing agreement indicates that: o Salary allowance of $8,000 to Aya, $5,000 to Sandra and $7,000 to Alaa. o Interest allowance of 10% on capital balances for all partners at the beginning of the year. o The remaining income or loss is shared equally between partners. Total Salaries and Interest for Sandra is: O $11,000 $6,000 $5,000 OSO None of the above Division of Net Income to Aya is: $28,000 $23,000 $18,000 $0 None of the above

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