Jane and Jessica are partners in apartnership, and they share equally in the net income of the partnership after the provision for salaries and interest on capital. Jane is actively involved in thepartnership, while Jessica is involved on apart-time basis.However, Jessica has made a major capital contribution and is paid interest on this contribution. In the currentyear, the income statement indicates Net Income of$55,000, after a salary of$80,000 to Jane and$24,000 toJessica, and interest of$15,000 paid to Jessica. The net income allocation to Jane and Jessica is

A.

Jane$80,000 and Jessica$39,000.

B.

Jane$107,500 and Jessica$51,500.

C.

Jane$27,500 and Jessica$27,500.

D.

Jane$107,500 and Jessica$66,500.