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Current Attempt in Progress Partners Donald and Dickens have capital balances in a partnership of $167000 and $236000, respectively. They agree to share profits
Current Attempt in Progress Partners Donald and Dickens have capital balances in a partnership of $167000 and $236000, respectively. They agree to share profits and losses as follows: Donald Dickens As salaries $40600 $48600 As interest on capital at the beginning of the year 10% 10% Remaining profits or losses 50% 50% If income for the year was $112000, what will be the allocation of income to Donald? O $40300 O $64750 O $57300 O $48550 Attempts: 0 of 1 used Submit Answer
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