document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=1165269>Question 1165269</A>: <I><SPAN STYLE=\"word-break: break-all;\"> An engineering film is owned by three partners (Alan, Barbarra and Chuck) with 4,000, 3,000 and 1,000 shares respectively. The company's net income for the year is $4,500,000 and 10% of it is a performance bonus. The bonus will be allocated in the following way:<BR>\n" );
document.write( "-$70,000 to be distributed amongst all staff excluding the partners.<BR>\n" );
document.write( "- Each partner will get $80,000<BR>\n" );
document.write( "- The remainder is to be divided among the partners in proportion to the number of shares held.<BR>\n" );
document.write( "What was the total amount of bonus received by each partner? </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #789745 by </B><A HREF=/tutors/aboutme.mpl?userid=Seutip><B>Seutip(231)</B></A><img src=\"/images/stars/stars-09.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=Seutip><IMG SRC=http://www.algebra.com/images/aboutme-small.gif BORDER=0 alt=\"About Me\" VALIGN=MIDDLE></A>&nbsp;<IMG SRC=http://www.algebra.com/cgi-bin/show-face.mpl?user=Seutip><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=789745\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> 10% of $4,500,000 is  $450,000 (Performance Bonus)<BR>\n" );
document.write( "$450,000-$70,000(for the staff) =$380,000 left<BR>\n" );
document.write( "Alan will get =$80,000<BR>\n" );
document.write( "Barbara will get =$80,000 <BR>\n" );
document.write( "Chuck will get =$80,000\r<BR>\n" );
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document.write( "WE only now have $140,000 to be divided by their portion share.<BR>\n" );
document.write( "Let:<BR>\n" );
document.write( "4000x-be alan's share<BR>\n" );
document.write( "3000x-be barbara's share <BR>\n" );
document.write( "1000x-be chuck's share \r<BR>\n" );
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document.write( "4000x+3000x+1000x=140000<BR>\n" );
document.write( "8000x=140000<BR>\n" );
document.write( "x=17.5\r<BR>\n" );
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document.write( "Therefore:<BR>\n" );
document.write( "Alan will get - $80,000 and (4000x=$70,000)<BR>\n" );
document.write( "Allan =$150,000<BR>\n" );
document.write( "Barbara will get - $80,000 and (3000x=$52,500)<BR>\n" );
document.write( "Barbara=$132,500<BR>\n" );
document.write( "Chuck will get - $80,000 and (1000x=$17,500)<BR>\n" );
document.write( "Chuck=$97,500\r<BR>\n" );
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document.write( "Hope that helps!  </SPAN>\n" );
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