Rachael and Olivia are business partners in RO Dance. Their partnership agreement states that the partners will share income in a 3:2 ratio (Rachael; Olivia). For the year ended December 31, 2021, the partnership earned $120,000. During 2021, Rachael withdrew $20,000 cash from the business and Olivial withdrew $10,000 cash. How much income would be allocated to Olivia? A) $52,000 B) $50,000 C) $80,000 D) $40,000 E) $38,000