Alexander, Montel, and Baker have capital balances of $18,000,$27,000, and $45,000, respectively The partners share profits and losses as follows: a. The first $40,000 is divided based on the partners' capital balances b. The next $40,000 is based on service, shared equally by Alexander and Baker. Montel does not receive a salary allowance. c. The remainder is divided equally. Read the requirements. Requirement 1. Compute each partner's share of the $104,000 net income for the year. (Complete all answer boxes. For amounts that are $0, make sure to enter " 0 " in the appropriate column.) Montel Baker Total salary and capital allocation Net income (loss) remaining for allocation Remainder shared equally: Alexander Montel Baker Total allocation Net income (loss) remaining for allocation Net income (loss) allocated to the partners