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Bagg and Juce are in a partnership without a specific profit sharing ratio, and provided the following information: Capital Interest on capital Salary Bagg $11,000

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Bagg and Juce are in a partnership without a specific profit sharing ratio, and provided the following information: Capital Interest on capital Salary Bagg $11,000 6% Juce $6,000 6% $2,400 Profit for the period before interest and salary is $8,000. The allocation of the remaining profits between Bagg and Juce will be: Select one: a. $1,720 to Bagg and $1,720 to Juce b. $2,290 to Bagg and $2,290 to Juce o c. $1,440 to Bagg and $2,000 to Juce d. $2,064 to Bagg and $1,376 to Juce

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