Multiple Choice Question

The partnership agreement of J$.$ Hansen and D$.$ Hernandez reflects differences in service and capital contributions as follows: $(1)$ annual salary allowances of $$30,000$ to Hansen and $$10,000$ to Hernandez; $(2)$ annual interest allowances of $10\%$ of a partner's beginning$-$year capital balance, and $(3)$ equal share of any remaining balance of income or loss. Both partners had beginning$-$year capital balances of $$50,000.$ In the first year, the partnership makes $$100,000.$ How much income would be allocated to Hansen?

Multiple choice question.

$$55,000$

$$40,000$

$$50,000$

$$60,000$