Answer: Yolander's allocation of the net income = $66,180
Explanation:
GIVEN the following ;
Net income = $115,800
Xavier's investment = $45,200
Yolander's investment = $109,400
Sharing of net income :
20% of each partner's original investment
Xavier's salary =$26, 400
Yolander's salary = $30,200
Remainder to be shared equally
Yolander's share = salary + (0.2 × $109,400) + (net income left ÷2)
Yolander's percent amount of original investment = 0.2 × $109,400 = $21,800
Yolander's percent amount of original investment = 0.2 × $45,200 = $9,040
Net income left = $115800 - $(9040 + 21800 +30200 +26400) = $28360
Each partner's share = $28360/2 = $14,180
Yolander's allocation = $(30,200 + 21,800 + $14,180) = $66,180
