QUESTIONS 9. At December 31, 2018, the Max and Fry Partnership showed ending capital balances of $160,000 to Max and $200,000 to Fry. For the year ended December 31, 2019 Max and Fry's Partnership reported a net income of $15,000. The partnership agreement calls for income and losses to be allocated in the following manner: Allowance to Max and Fry of $10,000 and $5,000 respectively. 10% interest on beginning capital balance. Remainder to be shared with 25% going to Max and 75% going to Fry. What portion of the net income was allocated to Max? S A. $17,000 OB. $19,000 OC.$5,500 D.$6.000