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Belue and Scott are partners who share profits and losses in the ratio of 6:4, respectively. During the current year, Belue's capital account balance

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Belue and Scott are partners who share profits and losses in the ratio of 6:4, respectively. During the current year, Belue's capital account balance decreased by $120,000. Belue had drawings of $350,000 and contributed property with a fair value of $50,000. Thus, the net income of the partnership for the current year must have been O A. $120,000 O B. $230,000 O C. $180.000 O D. $300,000

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