Question: please solve it....before 20 minutes if possible Apartnership has two partners, Ms. Lee and Mr. Wan, and profit of $80,000 for the year. Profit is

please solve it....before 20 minutes if possible Apartnership has two partners,

please solve it....before 20 minutes if possible

Apartnership has two partners, Ms. Lee and Mr. Wan, and profit of $80,000 for the year. Profit is allocated using salaries and then 50% of the remainder to each partner. Ms. Lee's salary is $25,000; Mr. Wan's salary is $20,000. How much of the profit is allocated to Ms. Lee? O $37,500 O $65.000 O $17.500 O $42,500

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