Question: question 7 Question 7 {3 points} A, B and C have interests in the ABC Partnership. Partnership income for the year is 3225.000. The partnership

question 7

Question 7 {3 points} A, B and C have interests in the ABC Partnership. Partnership income for the year is 3225.000. The partnership agreement specifies that partnership income is to be allocated as follows: salaries of $30,000 to A. $40,000 to B, and $50,000 to G; a bonus of 50% of partnership income. after deducting salaries and bonus. and the remainder allocated between the three partners in a 5:1 :1 ratio. B's bonus is [Hint "a bonus of 50% of partnership income. after deducting salaries and bonus". using \"(Income - salary -bonus]'50% = bonus" to calculate bonus] C) season C) $35,ccc C) $55,111.10 0 $45,0cc

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