On January 1, 2020, Rho was admitted into the partnership of Kappa and Sigma., sharing profits equally. She brought the following into the business:

Bank $200 000

Inventory $ 60 000

Vehicle $110 000

The understanding is that this initial investment would form part of the permanent capital of the business.

What is Rhos interest on capital annually?

a. $20 000

b. $17 000

c. $31 000

d. $37 000