Multiple Choice Question 72 The partnership agreement of Alix, Gise, and Bosco provides for the following income ratio: (a) Alix, the managing partner, receives a salary allowance of $107200, (b) each partner receives 15% interest on average capital investment, and (c) remaining net income or loss is divided equally. The average capital investments for the year were: Alix s593000, Gise 51220000, and Bosco $1720000. If partnership net income is $532000, the amount allocated to Alix should be $196150 $176650 $88950. $161100