Cox, North, and Lee form a partnership. Cox contributes $186,000, North contributes $155,000, and Lee contributes $279,000. Their partnership agreement calls for the income or loss division to be based on the ratio of capital invested. If the partnership reports income of $171,000 for its first year, what amount of income is credited to Cox's capital account? (Do not round your intermediate calculations.)
A. $51,300.
B. $42,750.
C. $58,800.
D. $57,000.
E. $76,950.
Answer: A
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