Question: 75 E Question 18 of 31 > View Pollder Current Attempt In Progress The Fig & Olive Co. reports net income of $24.000. Interest allowances
75 E Question 18 of 31 > View Pollder Current Attempt In Progress The Fig & Olive Co. reports net income of $24.000. Interest allowances are Fix 53,300 and Olive 56,400 partner salary allowances are Fig $19.500 and Olive $12.000 and the remainder is shared equally Indicate the division of net income to each partner. (if an amount reduces that account balance then enter with a negative sin preceding the number as 15,000 or parentheses es (15,0001) Division of Net Income Fig Olive Total S Salary allowance $ Interest allowance on partners! capital Total salaries and interest Remaining income Total division of net income $
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