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Singer and McMann are partners in a business. Singer's original capital was $36,600 and McMann's was $53,700. They agree to salaries of $10,600 and $18,900

image text in transcribed Singer and McMann are partners in a business. Singer's original capital was $36,600 and McMann's was $53,700. They agree to salaries of $10,600 and $18,900 for Singer and McMann, respectively, and 10% interest on original capital. If they agree to share the remaining profits and losses in a 3:2 ratio, what will Singer's share of the income be if the income for the year is $55,100? a. $24,202 b. $10,600 c. $14,260 Od. $33,060

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