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Qurbation 7 Ahmed and Sayed are partners in ASS Partnership. Ahmed invests $500,000 and Sayed invest $900,000. They agree to grant saylowo od 120.000 Syd

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Qurbation 7 Ahmed and Sayed are partners in ASS Partnership. Ahmed invests $500,000 and Sayed invest $900,000. They agree to grant saylowo od 120.000 Syd 3 interest allowance on beginning capital balance and to share anyoning income or loss equally. As partes reports income of $300.000 for this 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 (PO O ALTEN F10 Mac. BT US Paragraph Arial 10pt A TXGQ5F XX, st v 1 1 2 . EES - 330 v G WORDS POWERED

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