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Questions 11-17 are based on the following fact statement and partnership income distribution table for Partnership A. Complete the partnership income distribution table and then for each multiple choice question, enter the letter which is your answer in the answer space for this exam. Fact Statement: PARTNERSHIP A: PARTNERSHIP A has three partners A, B and C. The partnership divides its net income among the three partners in sequence (a) salary allowances as indicated (b) at the indicated interest rate on the original capital balances, , and (c) the remainder equally among the partners. 40,000 30,000 60,000 Relevant facts: Salary allowances Partner A Partner B Partner B Partner C Interest on capital, percer Original capital balances Partner A Partner B Partner C Partnership Net Income 100,000 200,000 300,000 400,000 PARTNERSHIP INCOME DISTRIBUTION TABLE PARTNER PARTNERSHIP INCOME DISTRIBUTION Total A. Salary allowance 1 B.Interest on original capital balance C. Remainder si Totals 11. What is the answer to blank 14, the total income for Partner B? A. 170,000 B. 150,000 C.110,000 D. 100.000 E. None of the above 12. What is the answer to blank 8, the total interest on partners' original capital balances? A. 180,000 B. 150,000 C. 120,000 D. 100.000 E. None of the above 13. What is the answer to blank 12, the total remaining partnership net income? A 150.000 B. 130,000 C. 120,000 D. 50,000 E. None of the above 14. What is the answer to blank 13, the total income for Partner A?! A. 400,000 B. 150,000 C. 130,000 D. 70,000 E. None of the above 15. What is the answer to blank 16, the total partnership net income? A.400,000 B.180,000 C.100,000 D. 50,000 E.None of the above 16. What is the answer to blank 1, the salary allowance for Partner A? A. 50,000 B. 40,000 C. 30,000 D. 20,000 E. None of the above 17. What is the answer to blank 15, the total income for Partner C? A. 200,000 B. 170,000 C. 110,000 D. 70,000 E. None of the above