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Xavier and Yolanda have original investments of $52,700 and $103,500, 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 $103,500, 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 $29,700 and $31,300, respectively; and the remainder to be divided equally. How much of the net income of $114,800 is allocated to Yolanda?
a.$63,280
b.$52,000
c.$75,936
d.$20,700
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