jack and jill share income and losses in a 2:1 ratio after allowing for salaries to jack of $24,000 and $30,000 to jill. Net income for the partnership is $48,000. income should be divided as A.jack$24,000, jill$24,000 B.jack$21,000, jill$27,000 C.jack$32,000, jill$16,000 D.jack$20,000, jill$28,000 E.no allocation is necessary