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Xavier and Yolanda have original investments of $45,100 and $109,700, respectively, in a partnership. The articles of partnership include the following provisions regarding the division
Xavier and Yolanda have original investments of $45,100 and $109,700, respectively, in a partnership. The articles of partnership include the following provisions regarding the division of net income: interest on original investment at 20%; salary allowances of $29,200 and $30,500, respectively; and the remainder to be divided equally. How much of the net income of $114,600 is allocated to Xavier? Ca. $29,200 Ob. 538,220 c. $50,190 Od. 560228
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