Hello everyone, I need help figuring out this question, Thank you:

Question 7 (2 points)

Frodo, Sam, and Merrys partnership calls for the following allocation of income: Frodo and Merry are to receive

lump sum salary payments of $10,000 each, Sam and Merry are to receive interest of 10% of their ending capital

balances, if theres a profit Frodo is to receive a bonus equal to 20% of the profit, and any remaining income is to

be split between Frodo, Sam, and Merry 50%, 20%, and 30% respectively. Frodo, Sam, and Merrys ending capital

balances were $50,000, $300,000, and $100,000 respectively. If there was a partnership net profit of $200,000,

how much was allocated to Merry in total?

Question options:

A)

$20,000

B)

$50,000

C)

$100,000

D)

$40,000