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Aya, Sandra and Alaa, the partners in ASA Company, have capital balances on Jamary 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 Jamary 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: 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. The remaining income or loss is shared equally between partners. Total interest allowance is: O $45,000 O $25,000 O $15,000 O $6,000 None of the above

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