Question: Moving to another question will save this response Question 6 Question 6 of 12 2.5 points Save Ans On 1/1/2021 Day Co capital balances

Moving to another question will save this response Question 6 Question 6

Moving to another question will save this response Question 6 Question 6 of 12 2.5 points Save Ans "On 1/1/2021 Day Co capital balances are Sam $40,000 Murad $30,000 Day Co reported net income of $85,000. The partnership agreement provides for salaries of $25,000 to Sam and $18,000 to Murad They share the remainder 60% Sam and 40% to Murad Sam's share income is "JD 34,800 JD 85.000 "JD 51,000 JD 50.200 Moving to another question will save this response Question 6 of 12

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