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Kathryn is a 30% partner in Elegant Pillows, a store specializing in pillows and linens. Under the terms of the partnership agreement, she is to
Kathryn is a 30% partner in Elegant Pillows, a store specializing in pillows and linens. Under the terms of the partnership agreement, she is to receive 30% of the partnership income, but no less than $35,000. If the store's net income for the year is $100,000, what amount of income does Kathryn earn from this partnership? $30,000 $35,000 $65,000 $100,000
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