Sage,Rosemary and Thyme are partners in the Music Company.Their partnership income sharing agreement provides that Sage and Thyme are to receive salary allowances of $29,700 and $16,800,respectively,and that any remaining income or loss is to be divided equally among all partners.If the company's income was $39,000,Thyme's share would be:
A) $14,300
B) $16,800
C) $19,300
D) $29,800
Correct Answer:
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