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 $604000, Gise $1170000, and Bosco $1700000. If partnership net income is $539000, the amount allocated to Alix should be $168300. $173700. $198200. $90600. eTextbook and Media Save for Later Attempts: 1 of 2 used Submit Answer