Question: please how work Question 3 {3 points) A, B and C have interests in the ABC Partnership. Partnership income for the year is $225,000. The

please how work

please how work Question 3 {3 points) A, B and C have

Question 3 {3 points) A, B and C have interests in the ABC Partnership. Partnership income for the year is $225,000. The partnership agreement species that partnership income is to be allocated as follows: salaries of $30,000 to A, $40,000 to B, and $50,000 to C; a bonus of 50% oi partnership income, after deducting salaries and bonus, and the remainder allocated between the three partners in a 5:1 :1 ratio. The total income allocation to A is [Hint "a bonus of 50% of partnership income, after deducting salaries and bonus", using "(Income - salary -bonus)*50% = bonus\" to calculate bonus]

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