Burns and Allan have formed a partnership and invested $20,000 and $40,000, respectively. They have agreed to share profits as follows:

1) Burns is to receive a "salary" of $20,000 and Allan is to receive a "salary" of $30,000.

2) $30,000 is to be allocated according to their original capital contributions to the partnership.

3) The remainder is to be allocated 2:3 respectively