Cox, North, and Lee form a partnership. Cox contributes $183,000, North contributes $152,500, and Lee contributes $274,500. 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 $172,000 for its first year, what amount of income is credited to Lee's capital account

$77,400

Explanation:

Lee's ratio = $274,500 / ($183,000 + $152,500+ $274,500)

Lee's ratio = $274,500 / $610,000

Lee's ratio = 0.45

Lee's ratio = 45%

Lee's ratio  = Lee's profit ratio

If the partnership reports income of $172,000.

Lee's income will be = 45%*$172,000 = $77,400

Thus, the amount of income to be credited to Lee's capital account is $77,400

the answer is: c.that person might be arrested and deported

filling w-4 form incorrectly usually would rise suspicions from government's auditors. when they notice such mistakes, they would send their teams to investigate the situation further.

if those investigation teams believe that the incorrectness is done on purpose (with malicious intent), that person can be arrested or deported