CHAPTER 12-ACCOUNTING FOR PARTNERSHIPS AND LIMITED LIABILITY COMPANIES Study Progr Previous Page 3 of 13 Next The aricles of partnership for Pal-Trotter Partnershp provide for a salary allowance of $5.000 per month for partner Trotter with the balance of net income to be divided equaly it Trotter made an addnonal nvestment of $10,000 during the year and wihdrew $4,000 per month, and net income for the year was $80,000, by what amount did Trotters capital increase during e year? a 532,000 b $48.000 C$60,000 d$10.000 Save and Exit Submit