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During the Current Year,Jacob,Alicia,and Shawn,who Are Partners in the JAS

Question 22

Multiple Choice

During the current year,Jacob,Alicia,and Shawn,who are partners in the JAS Company,had average capital balances of $57,000,$49,000,and $64,000,respectively.The partners share profits and losses by allowing a 12% return on average capital,with any remaining income or loss divided in a ratio of 5:3:2.If the company's income for the current year was $73,800,Shawn's capital account would increase by:


A) $14,760
B) $18,360
C) $22,440
D) $27,784

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