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Cox, North, and Lee form a partnerstip. Cox contributes $ 1 7 7 , 0 0 0 , North contributes $ 1 4 7 ,

Cox, North, and Lee form a partnerstip. Cox contributes $177,000, North contributes $147,500, and Lee contributes $265,500. Their partnership agreement cells for a 6% interest allowance on the parther's capital balances with the remaining income or loss to be alocated equally. If the parsorship reports income of $176,400 for its first year what amount of income is credted to Lee's capital account?
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$58,800
$57,620
$62,930.
$55,850
$47,000
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