Partners Cantor and Dickens Have Capital Balances in a Partnership

Multiple Choice

Partners Cantor and Dickens have capital balances in a partnership of $160000 and $240000 respectively. They agree to share profits and losses as follows: $\begin{array}{lrr}& \underline{\text {Cantor}}& \underline{\text {Dickens}}\\\text { As salaries } & \$ 40,000 & \$ 48,000 \\\text { As interest on capital at the beginning of the year } & 10 \% & 10 \% \\\text { Remaining profits or losses } & 50 \% & 50 \%\end{array}$
If income for the year was $200000 what will be the distribution of income to Dickens?

A) $92000
B) $108000
C) $80000
D) $40000