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Could you guys help this question please?.. Question 6 Sheridan Co. reports net income of $75,000. Partner salary allowances are Pitts $11,000, Filbert $5,000, and

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Question 6 Sheridan Co. reports net income of $75,000. Partner salary allowances are Pitts $11,000, Filbert $5,000, and Witten $4,000. Indicate the division of net income to each partner, assuming the income ratio is 50 : 20 : 30, respectively. Division of Net Income Pitts Filbert Witten Total Salary allowance Remaining income Total division of net income

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