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Xavier and Yolanda have original investments of $54,600 and $90,100, respectively, in a partnership. The...

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Accounting

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Xavier and Yolanda have original investments of $54,600 and $90,100, 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 allowantes of $26,000 and $29,700, respectively; and the remainder to be divided equally. How much of the net income of $116,600 is allocated to Xavier? A. 5,2,900 b, 56,450 c. 536,920 d. 526,000

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