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Sara and Ayah vested $240,000 and $720,000 respectively in a partnership. The parties agreed to translay allowance of $40.000 to Sanand 500,000 10 A 10
Sara and Ayah vested $240,000 and $720,000 respectively in a partnership. The parties agreed to translay allowance of $40.000 to Sanand 500,000 10 A 10 low to being a balances and share any remaining income and lous equally. The partieship reported income of $200,000 for the ye Required: Allocate the net income between the partners PLEASE SHOW THE CALCULATION FOR EACH PARTNER IN A SEPARATE LINE re the
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