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Partners T. Greer and R. Parks are provided salary allowances of $ 35,400 and $ 29,500, respectively. They divide the remainder of the partnership income

Partners T. Greer and R. Parks are provided salary allowances of $ 35,400 and $ 29,500, respectively. They divide the remainder of the partnership income in a ratio of 3:2. If partnership net income is $ 47,200, how much is allocated to Greer and Parks?

T. Greer

R. Parks

Total division

$ enter a dollar amount $ enter a dollar amountimage text in transcribed
Partners T. Greer and R.Parks are provided salary allowances of $ 35,400 and $ 29,500, respectively. They divide the remainder of the partnership income in a ratio of 3:2. If partnership net income is $ 47,200, how much is allocated to Greer and Parks? T. Greer R. Parks Total division $ 10620 $ 7080

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