Question: I need typed answer with explanation don't use AI BOT. Give me a proper step by step explanation I will thumb up. Xavier and Yolanda

I need typed answer with explanation don't use AI BOT. Give me a proper step by step explanation I will thumb up.

Xavier and Yolanda have original investments of $50,000 and $104,900, respectively, in a partnership. The articles of partnership include the following provisions regarding the division of net income: interest on original investment at 20%; salary allowances of $29,100 and $30,600, respectively; and the remainder to be divided equally. How much of the net income of $111,400 is allocated to Xavier? a. $39,100 b. $49,460 c. $29,100

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