Cox,North,and Lee Form a Partnership

Multiple Choice

Cox,North,and Lee form a partnership.Cox contributes $180,000,North contributes $150,000,and Lee contributes $270,000.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 $150,000 for its first year,what amount of income is credited to Lee's capital account?

A) $50,000.
B) $67,500.
C) $45,000.
D) $54,000.
E) $60,000.