Please please please please make sure when you send your answer that the screenshot of...
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Please please please please make sure when you send your answer that the screenshot of the answer is fit to scream. I've struggled with this a lot on Chegg and the answer has been cut off when I receive the work in explanation. Please make sure that your answer is small enough so I can see it on my screen and that is not too large for my screen or cut off. Thank you so much please
Dividing Partnership Net Income Required: Steve Queen and Chelsy Stevens formed a partnership, dividing income as follows: 1. Annual salary allowance to Queen of $123,750. 2. Interest of 5% on each partner's capital balance on January 1. 3. Any remaining net income divided to Queen and Stevens, 1:2. Queen and Stevens had $93,000 and $93,000, respectively, in their January 1 capital balances. Net income for the year was $225,000. How much is distributed to Queen and Stevens? Note: Compute partnership share. Queen: $ Stevens: $
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