Help Save & Exit Su Required information A partnership began its first year of operations with the following capital balances: oung, Capital: Eaton, Capital: Thurman,Capital: 143,000 $ 104,000 143,o00 The Articles of Partnership stipulated that profits and losses be assigned in the following manner . Young was to be awarded an annual salary of $26.000 and $13,000 salary was to be awarded to Thurman Each partner was to be attributed with interest equal to 10% of the capital balance as of the first day of the year The remainder was to be assigned on a 5:2:3 basis to Young. Eaton, and Thurman, respectively Each partner withdrew $13.000 per year Assume that the net loss for the first year of operations was $26,000 with net income of $52,000 in the second year What was Thurman's total share of net income for the second year? 21 22 of 33 Next> C Prev 8 5 command