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Click Submit to complete this assessment. estion 13 Ahmed and Sayed are partners in A&S Partnership Ahmed invests $500,000 and Sayed invests $900,000. They agree

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Click Submit to complete this assessment. estion 13 Ahmed and Sayed are partners in A&S Partnership Ahmed invests $500,000 and Sayed invests $900,000. They agree to grant salary allowan remaining income or loss equally. A&S partnership reports net income of $390,000 for this year. Required: Allocate the net income between the partners. PLEASE SHOW THE CALCULATION FOR EACH PARTNER IN A SEPARATE LINE For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). BIU S Paragraph Arial 10pt : AL I. 46 V Question 13 of 13 3 points They agree to grant salary allowance of $80,000 to Ahmed and $120 000 to Sayed a 8% interestllowance on beginning capital balances and to share any 2 I %O a 63 x X, 1 * + OWOLOS POWERED BY

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