Federer, Zverev and Nadal formed a partnership. Investments in the partnership were: Federer $50,000, Zverev $60,000 and Nadal $90,000, respectively. Their partnership agreement called for the following net income: the first $100,000 to be allocated on the ratio of capital investments; the next $5,000 to Nadal, for administering the business; and the remaining divided 3:2:5 If the partnership net income for the first year of operations was $75,000, what amount of net income would be credited to Federer's capital account? A. $24,000 B. $16,000 C. $43,500 D. $35,000