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6. Justin, Kevin, and Lane own JKL operations. They have a beginning capital balance of 70,000, 120,000, and 110,000 respectively. Their partnership agreement states that
6. Justin, Kevin, and Lane own JKL operations. They have a beginning capital balance of 70,000, 120,000, and 110,000 respectively. Their partnership agreement states that they will share their income in the following specific manner. Salaries will be distributed in the amounts of 50,000, 75,000, and 80,000 respectively. They receive 15% of their beginning capital balance, and the remaining income is split based on their percentage of the total capital balance. Current Ni is equal to 360,000. How would the Net Income be distributed
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