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mion 15 Rachael and Olivia are business partners in RO Dance. Their partnership agreement states that the partners will share income in a 3:2 ratio

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mion 15 Rachael and Olivia are business partners in RO Dance. Their partnership agreement states that the partners will share income in a 3:2 ratio (Rachael Olivia). For the year ended December 31, 2021, the partnership eamed $120,000. During 2021, Rachael withdrew $20,000 cash from the business and Olivial withdrew $10,000 cash. How much income would be allocated to Olivia? ed out of 100 Lag question Select one: O A. $80,000 O B. 538,000 O C . $52,000 O D. $40,000 O E. $50,000

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