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How much of the net income is allocated to yolanda

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Question - Xavier and Yolanda have original investments of $52,700 and $92,500, 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 $25,100 and $31,600, respectively; and the remainder to be divided equally. How much of the net income of $119,300 is allocated to Yolanda?

a. $80,256

b. $18,500

c. $50,100

d. $66,880

Reference no: EM133072427

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