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Question 18 point SA Mike, George, and White formed a partnership on January 1, 2020, and made capital contributions of $125,000 (Mikel 5175,000 (oral and

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Question 18 point SA Mike, George, and White formed a partnership on January 1, 2020, and made capital contributions of $125,000 (Mikel 5175,000 (oral and $250.000 (White) resppctvely with respect to the sono income, they agreed to the following: (1) interest of an amount equal to 10% of the that partner's beginning a balance for the year, (2) anal compensation of co to George, and () remainder of the income or tous to be split among the partners in the following percentages: ()20% for Me: (b) 40% for George and ) 40% for Wit Net income was $200.000 2000 and NOOI 2021. Each partner withdrew $1,500 for personal use every month during 2020 and 2021 What was the amount of rest attributed to George in the income distribution for 20217 A $17.450 B. $20,750 C. 24.150 D.105.950 E. 517.500

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