Please give answer and explanation. Thanks Partners Mann and Nie receive a yearly...
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Accounting
Please give answer and explanation. Thanks
Partners Mann and Nie receive a yearly salary of $100,000 and $80,000, respectively. Partnership income for the year, before any distributions to partners, is $250,000. Assume full implementation. Mann and Nie each receive a bonus of 20% of partnership income after salaries and both bonuses. What is Mann's bonus?
Select one:
A. $14,000
B. $12,333
C. $11,667
D. $10,000
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