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the partnership agreement of Daniel, Gise, and Bosco provides for the following income ratio: Daniel the managing partner receives a salary allowance of 108000 each
the partnership agreement of Daniel, Gise, and Bosco provides for the following income ratio: Daniel the managing partner receives a salary allowance of 108000 each partner receives 15% interest on average capital investment. remaining net income or loss os divided equally. the average capital investments for the year were Daniel 592000 Gise 1190000 and bosco 1799000. If oartnership net income is 723000 the amount gise should be:
204450
241000
152550
178500
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