Xavier and Yolonda have original investments of $50,000 and $100,000 respectively in a partnership. The articles of partnership include the following provisions regarding the division of net income: interest on original investment at 15%, salary allowances of $22,000 and $20,000 respectively, and the remainder equally. How much of the net income of $90,000 is allocated to Xavier?

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First, calculate the interest on original investments: Xavier gets $7,500 (15% of $50,000) and Yolonda gets $15,000 (15% of $100,000). Next, add the salary allowances: Xavier gets $22,000 and Yolonda gets $20,000. The total allocated so far is $64,500 ($7,500 + $22,000 + $15,000 + $20,000). The remainder of the net income is $25,500 ($90,000 - $64,500), which is divided equally, giving Xavier an additional $12,750. Xavier's total allocation is $42,250 ($7,500 + $22,000 + $12,750).

Xavier and Yolonda Have Original Investments of $50,000 and $100,000