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Laverne and Shirley started a partnership Laverne invested $4,000 in the business and Shirley invested $6,000. The partnership agreement stipulated that profits would be divided

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Laverne and Shirley started a partnership Laverne invested $4,000 in the business and Shirley invested $6,000. The partnership agreement stipulated that profits would be divided as follows. Each partner would receive a 10% return on their invested capital with the remaining income being distributed equally between the two partners. Assuming that the partnership earned $4 600 during an accounting period, the amount of income assigned to the two partners would be: Laverne Shirley $2, 250 $2, 250 $1, 500 $3,000 $2, 100 $2, 400 $2, 150 $2, 350 Choice A Choice B Choice C Choice D

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