Xun, Yue and Zhuo Have Interests in XYZ Partnership

Xun, Yue and Zhuo have interests in XYZ Partnership. Partnership income for the year is $350,000. The partnership agreement specifies that Xun is to receive an annual salary of $200,000, Yue is to receive an annual salary of $50,000, and Zhuo is to receive an annual salary of $120,000. Any remaining income or loss is to be divided between the three partners in a 2:1:1 ratio. Salaries are to be fully implemented. Partnership income allocated to Yue is:

A) $40,000
B) $55,000
C) $50,000
D) $45,000