Brandi and Hunter divide partnership income and losses solely on the basis of their average capital balances.Brandi had $90,000 invested during all of 20x5;Hunter had $60,000 invested from January 1 to September 30,and he invested another $40,000 on October 1.If income was $400,000 during 20x5,how much should each partner receive?

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The Answer of Brandi and Hunter divide partnership income and losses solely on the basis of their average capital balances.Brandi had $90,000 invested during all of 20x5;Hunter had $60,000 invested from January 1 to September 30,and he invested another $40,000 on October 1.If income was $400,000 during 20x5,how much should each partner receive?

Brandi and Hunter Divide Partnership Income and Losses Solely on the Basis