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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

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 12% interest on average capital investment, and (c) remaining net income or loss is divided equally. The average capital investments for the year were: Alix $600,000, Gise $1,200,000, and Bosco $1,800,000. If partnership net income is $720,000, the total amount allocated to Bosco should be:

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