Nancy and Betty enter into a partnership agreement where they decide to share profits according to the following rules: (a) Nancy and Betty will receive salaries of $1,200 and $11,500 respectively as the first allocation. (b) The next allocation is based on 30% of each partner's capital balances (c) Any remaining profit or loss is to be allocated completely to Betty The partnership's net income for the first year is $50,000. Nancy's capital balance is $95,000 and Betty's capital balance is $8,000 at the end of the year. Calculate the share of profitloss to be allocated to Betty. O A $27.300 OB. $9,270 OC. $29,700 OD. $20,300