Yuan Ming and Oing are partners in imperial Treasures, a retail business selling Asian antiques It was agreed that Yuan would operate the business and receive a 550,000 salary, Ming would work part time earning a $20,000 salary and Qing would only contribute finances Yuan initially contributed $40,000 cash to the business, Ming contributed $30,000 cash to the business, and Qing contributed cash of $70,000 and a motor vehide with a fair value of $5,000 (cost $20,000), The partnership agreement states that salaries must be paid out of any profits first The next 100,000 of profit is to be shared based on each partner initial capital contribution. Any remaining profits are to be shared equally between the three partners What is the distribution Ming will receive from the $230,000 profit? Select one: $20,000 b. 560,690 c$30.000 d. 571.724