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Beatrice is a 50% partner in Pistrolli's Delicatessen. Under the terms of the partnership agreement, she is to receive 50% of the partnership income, but
Beatrice is a 50% partner in Pistrolli's Delicatessen. Under the terms of the partnership agreement, she is to receive 50% of the partnership income, but no less than $20,000. If the delicatessen's net income for the year is $50,000, what amount of income does Beatrice earn from this partnership? O $15,000 O $20,000 O $25,000 O $35,000
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