Stone and Mill have decided to form a partnership. They are in the process of agreeing on how the profits/losses will be divided. Assume that the company is anticipating net income of $75,000 for the first time period. Determine Stone's share of the net income if the partner's agree on interest allowance of 10% on the original investments and the remainder equally. Further assume an original investment of $30,000 for Stone and $24,000 for Mill.

	Stone	Mill	Total
Interest Allowances (10%)
Remainder Equally
Totals	?		$75,000

Please show the step on how they got this answer. I am coming up with a different answer.

A. $37,800 (correct answer) B. $37200 C. $37,500 D. 40,500