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Print Item Xavier and Yolanda have original investments of $52,000 and $107,300, respectively, in a partnership. The articles of partnership include the following provisions regarding
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Xavier and Yolanda have original investments of $52,000 and $107,300, respectively, in a partnership. The articles of partnership include the following provisions regarding the division of net income: interest on original investment at 20%; salary allowances of $25,600 and $31,200, respectively; and the remainder to be divided equally. How much of the net income of $106,300 is allocated to Xavier?
a.$36,000
b.$53,784
c.$44,820
d.$25,600
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