Matrix and Bentley invested $40,000 and $50,000,respectively,in a partnership they began one year ago.Assuming the partnership's profit was $140,000 for this year; calculate the share of the profit each partner should receive under the following assumptions.(1)The partnership agreement specifies a salary allowance of $25,000 to Matrix and $30,000 to Bentley,and the balance shared equally.(2)The partnership agreement specifies a salary allowance of $25,000 to Matrix and $30,000 to Bentley,10% interest on their investments,and the balance shared equally.

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The Answer of Matrix and Bentley invested $40,000 and $50,000,respectively,in a partnership they began one year ago.Assuming the partnership's profit was $140,000 for this year; calculate the share of the profit each partner should receive under the following assumptions.(1)The partnership agreement specifies a salary allowance of $25,000 to Matrix and $30,000 to Bentley,and the balance shared equally.(2)The partnership agreement specifies a salary allowance of $25,000 to Matrix and $30,000 to Bentley,10% interest on their investments,and the balance shared equally.

Matrix and Bentley Invested $40,000 and $50,000,respectively,in a Partnership They