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18 Stolton and Bright are partners in a business they started two years ago. The partnership agreement states that Stolton should receive a salary allowance

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18 Stolton and Bright are partners in a business they started two years ago. The partnership agreement states that Stolton should receive a salary allowance of $12,600 and that Bright should receive a $22,600 salary allowance. Any remaining income or loss is to be shared equally. Determine each partner's share of the current year's net income of $52,400. (Enter all allowances as positive values. Enter losses as negative values.) points ( 8 01:22:05 Allocation of Partnership Income Stolton Bright Total 52,400 Net Income Salary allowances Balance of income Balance allocated equally Balance of income Shares of the partners $ 0 $ 0

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