Sandy and Dave formed a law partnership, agreeing to split the income 50:50.The partnership had net income of $100,000.Dave withdrew $55,000 throughout the year, and Sandy withdrew $50,000.Dave and Sandy had no other income.Because of the partnership activities, Dave's A.G.I, increased by
A)$100,000
B)$55,000
C)$50,000
D)$35,000

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The Answer of Sandy and Dave formed a law partnership, agreeing to split the income 50:50.The partnership had net income of $100,000.Dave withdrew $55,000 throughout the year, and Sandy withdrew $50,000.Dave and Sandy had no other income.Because of the partnership activities, Dave's A.G.I, increased by
A)$100,000
B)$55,000
C)$50,000
D)$35,000

Sandy and Dave Formed a Law Partnership, Agreeing to Split