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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 $108,000.

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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 $108,000. (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 5600,000, Gise $1.200,000, and Bosco $1,800,000. If partnership net Income is $720,000, the amount distributed to Gise should be Multiple Choice S186,000 $180,000 $204.000

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