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Question 6 Ahmed and Sayed are partners in A&S Partnership. Ahmed invests $500,000 and Sayed invests $900,000. They agree to grant salary a allowance on

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Question 6 Ahmed and Sayed are partners in A&S Partnership. Ahmed invests $500,000 and Sayed invests $900,000. They agree to grant salary a allowance on beginning capital balances and to share any remaining income or loss equally. A&S partnership reports net income of $39 Required: Allocate the net income between the partners. PLEASE SHOW THE CALCULATION FOR EACH PARTNER IN A SEPARATE LINE For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). B I U S Paragraph Arial 10pt V : A A V Ix do hp Question 6 of 13 3 points Save Ar ahmed invests $500,000 and Sayed invests $900,000. They agree to grant salary allowance of $80,000 to Ahmed and $120,000 to Sayed; a 8% interest e any remaining income or loss equally. A&S partnership reports net income of $390,000 for this year. ners. ARTNER IN A SEPARATE LINE V 10pt V :

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