Xavier and Yolanda 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:...

Extracted text: Xavier and Yolanda 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 20%; salary allowances of $34,000 and $26,000, respectively, and the remainder to be divided equally. How much of the net income of $120,000 is allocated to Xavier? $59,000 O $61,000 O $49,000 O $44,000 None of the above