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PARTNERSHIP INCOME DISTRIBUTION: For partnership D, if Partner As salary allowance is 100,000 and Partner As interest on original capital balance is 20,000 and Partner

PARTNERSHIP INCOME DISTRIBUTION: For partnership D, if Partner As salary allowance is 100,000 and Partner As interest on original capital balance is 20,000 and Partner As share of the remainder of the partnerships net income is 50,000, how much is Partner As total share of the partnerships net income?

a. 170,000

b. 150,000

c. 120,000

d. 100,000

e. None of the above

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