Transcribed Image Text: Dividing Partnership Net Income Bruce Delew and Nadia Comatof formed a partnership, dividing income as follows: 1. Annual salary allowance to Delew, $18,000, and Comatof, $51,000. 2.

Transcribed Image Text: Dividing Partnership Net Income
Bruce Delew and Nadia Comatof formed a partnership, dividing income as follows:
1. Annual salary allowance to Delew, $18,000, and Comatof, $51,000.
2. Interest of 6% on each partner’s capital balance on January 1.
3. Any remaining net income divided equally.
Delew and Comatof had $36,000 and $91,000, respectively, in their January 1 capital balances. Net income for the year was $55,000.
Required:
How much net income should be distributed to Delew and Comatof?
Delew: $
Comatof: $

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