At the end of its first year of operations on December 31, 2017, NBS Company's accounts show the following. The capital balance represents each partner's initial capital investment. Therefore, net income or net loss for 2017 has not been closed to the partners' capital accounts. Net income is $28,000. Income is shared 6: 3: 1. Net income is $38,000. Niensted and Bolen are given salary allowances of $14, 500 and $10,000, respectively. The remainder is shared equally. Net income is $18,000. Each partner is allowed interest of 10% on beginning capital balances. Niensted is given a $14, 800 salary allowance. The remainder is shared equally