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The partnership agreement of Alix, Gise, and Bosco provides for the following income ratio: (a) Alix, the managing partner, receives a salary allowance of $107600,

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The partnership agreement of Alix, Gise, and Bosco provides for the following income ratio: (a) Alix, the managing partner, receives a salary allowance of $107600, (b) each partner receives 15 % interest on average capital investment, and (c) remaining net income or loss is divided equally. The average capital investments for the year were: Alix $607000, Gise $1240000, and Bosco $1810000. If partnership net income is $539000, the amount distributed to Alix should be $182850. $198650. $91050. $159600. Open Show Workd Click if you would like to Show Work for this question: SUBHIT ANSWER AVE FOR LATER Question Attempts: 0 of 1 used The partnership agreement of Alix, Gise, and Bosco provides for the following income ratio: (a) Alix, the managing partner, receives a salary allowance of $107600, (b) each partner receives 15 % interest on average capital investment, and (c) remaining net income or loss is divided equally. The average capital investments for the year were: Alix $607000, Gise $1240000, and Bosco $1810000. If partnership net income is $539000, the amount distributed to Alix should be $182850. $198650. $91050. $159600. Open Show Workd Click if you would like to Show Work for this question: SUBHIT ANSWER AVE FOR LATER Question Attempts: 0 of 1 used

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