Question: please show work Question 9 {3 points} K, Y and 2 have interests in XYZ Partnership. Partnership income for the year is $35,. The partnership
please show work

Question 9 {3 points} K, Y and 2 have interests in XYZ Partnership. Partnership income for the year is $35,. The partnership agreement specifies that X is to receive an annual salary of $2.. Y is to receive an annual salary of $5D,, and Z is to receive an annual salary of $12.. Any remaining income or loss is to be divided between the three partners in a 2:1 :1 ratio. Salaries are to he fullyr implemented. Partnership income allocated to Y is
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