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Mason and John operate a computer consulting service as a general partnership. Their partnership agreement states

that each partner share of the profits will be prorated according to the number of billable hours that each person achieves during the course of the year. For the year Mason billed 1500 hours, John billed 2200 hours, the business realized a profit of $240,000. Over the course of the year Mason and John both received bi-weekly cheque's of $3,000 what was mason taxable income from the partnership?

A) 78,000

B) 97,297

C) 120,000

D) 175,297

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