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The partnership contract for Hanes and Jones LLP provides that Hanes is to receive a...

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Accounting

The partnership contract for Hanes and Jones LLP provides that Hanes is to receive a bonus of 20% of net income (after the bonus) and that the remaining net income is to be divided equally. If the partnership income before the bonus for the year is $57,600, Hanes' share of this pre-bonus income is:
a.28,800.
b. $33,600.
c. $34,560.
d. $35,520.
e. $38,400.
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