Cox, North, and Lee form a partnership. Cox contributes $198.000, North contributes $165,000, and Lee contributes $297,000. Their partnership agreement calls for a 5% Interest allowance on the partner's capital balances with the remaining Income or loss to be allocated equally. If the partnership reports Income of $195,000 for its first year, what amount of income is credited to North's capital account? Multiple Choice $65.000 562.250 568.050 354000 $69.900