2. A, B and C are partners, sharing in partnership profits in the ratio of 2:3:4. A, the managing partner, is entitled to an annual salary of P80,000 and a 10% bonus on profit after deducting the...

2. How much was the share of A? This is not a part of our exam but is included in the reference book and I want to review its answer.

Extracted text: 2. A, B and C are partners, sharing in partnership profits in the ratio of 2:3:4. A, the managing partner, is entitled to an annual salary of P80,000 and a 10% bonus on profit after deducting the salary but before deducting the bonus. The partnership earmed profit of P560,000. How much is the share of A? a. 214,400 b. 196,000 c. 224,000 d. 189,667