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Take me to the text Noemi Loop , Lilia Hopkin and Guy Scoggin perform in a band operating as a partnership . According to the partnership agreement ,...
I can't seem to figure out net income remaining.
Any help would be greatly appreciated.
Take me to the textNoemi Loop , Lilia Hopkin and Guy Scoggin perform in a band operating as a partnership . According to the partnership agreement , Noemi receives asalary of $19, 000 , Lilia receives a salary of $29, 000 , and Guy a salary of $28, 000 . They are also to receive nominal interest of 196 on the capital atthe end of the preceding year ( capital balances are Noemi - $1 , 200 , Lilia - $ 1 1, 000 , Guy - $22, 000 ) . The remainder is divided equally . During the yearpartners withdrew $18, 00d each as an advance to their share of partnership earnings. The band made $ 107. 668 after paying all other Expenses.Prepare a table showing the income distribution for the year .Do not Enter dollar signs or commas in the input boxes .Round your answers to the nearest whole number .Do not Enter negative signs for any values .TotalNoemi!LillaGUYNet incomeTOTOBESalaries1. 76000|~/1 190002900028OOOInterest| | 1368|V/ }|4814.408:8.0Net income remainingIncome distributed to partnersCheck