Ann Stolton and Susie Bright are partners in a business they started two years ago. The partnership agreement states that Stolton should receive a salary allowance of $10,800 and that Bright should receive a $24,800 salary allowance. Any remaining income or loss is to be shared equally.

Determine each partners share of the current years net income of $52,400. (Enter all values as positive amounts.)

Allocation of Partnership Income
	Stolton	Bright	Total
Net Income			52,400
Salary allowances
Balance of income
Balance allocated equally
Balance of income
Shares of the partners