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Sunland Co. reports net income of $50,000. Partner salary allowances are Pitts $15,000, Filbert $4,000, and Witten $6,000. Indicate the division of net income to

Sunland Co. reports net income of $50,000. Partner salary allowances are Pitts $15,000, Filbert $4,000, and Witten $6,000. Indicate the division of net income to each partner, assuming the income ratio is 50 : 20 : 30, respectively. Division of Net Income Pitts Filbert Witten Total Salary allowance $ Remaining income now contains modified data, Total division of net income

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