Fred and Barney started a partnership. Fred invested $16,500 in the business and Barney invested $25,000. The partnership agreement stipulated that profits would be divided as follows: Each partner would receive a 16% return on invested capital with the remaining income being distributed equally between the two partners. Assuming that the partnership earned $37,000 during an accounting period, the amount of income assigned to the two partners would be:

	Fred	Barney
A.	$12,540	$11,180
B.	$16,500	$20,500
C.	$18,500	$18,500
D.	$17,820	$19,180

Option A

Option B

Option C

Option D