Christie and Jergens formed a partnership with capital contributions of $300,000 and $400,000, respectively. Their partnership agreement calls for Christie to receive a $60,000 per year salary, Also each partner is to receive an interest allowance equal to 10% of a partner's beginning capital investments. The remaining income or loss is to be divided eq2ually. If the net income for the current year is $135,000, then Christie and Jergens's respective shares are:
o $35,000; $100,000.
o $92,500; $42,500.
o $90,000; $40,000.
o $57,857; $77143
o $67,500; $67,500