Question Content Area Xavier and Yolanda have original investments of $50,300 and $110,000, respectively, in...
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Accounting
Question Content Area Xavier and Yolanda have original investments of $50,300 and $110,000, respectively, in a partnership. The articles of partnership include the following provisions regarding the division of net income: interest on original investment at 20%; salary allowances of $29,600 and $31,300, respectively; and the remainder to be divided equally. How much of the net income of $107,400 is allocated to Yolanda?
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