Partners A, B, and C operate a partnership in which profits and losses are [ allocated based on the following provisions of the partnership agreement: e Each partner receives interest of 10% of average capital. e Partner B receives an annual salary allocation of $20,000. e Remaining profits are allocated equally. Remaining losses are allocated equally The partnership reported a net income of $20,000 in the current year. Relevant capital balances throughout the year are as follows: Beginning Capital | Ending Capital | Average Capital Partner Balance Balance Balance $50,000 $40,000 $46,500 | B | 20,000 30,000 23,250 80,000 90,000 85,250 What is the amount of net income that would be allocated to Partner C in the current year