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Xavier and Yolanda have original investments of $52,700 and $102,100, respectively, in a partnership. The articles of partnership include the following provisions regarding the division
Xavier and Yolanda have original investments of $52,700 and $102,100, 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 $26,200 and $31,900, respectively; and the remainder to be divided equally. How much of the net income of $111,900 is allocated to Xavier? Ca. $57,792 b. $26,200 c. $48,160 Od. $36,740
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