For partnership X if the total partnership net income is 800,000, total partners salary allowances are 300,000, and total interest on the partners rsquo original capital balances is 200,000, how much is the remainder of the partnership rsquo s net income A 800,000 B 400,000 C 300,000 D 100,000 E No...

6 Total partnership net Income 2 800 00 000 Less ...

For partnership X if the total partnership net income is 800,000, total partners salary allowances are 300,000,

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Question:

For partnership X if the total partnership net income is 800,000, total partners salary allowances are 300,000, and total interest on the partners’ original capital balances is 200,000, how much is the remainder of the partnership’s net income?
A. 800,000
B. 400,000
C. 300,000
D. 100,000

E. None of the above