C. Eastwood, A. North, and M. West are manufacturers representatives in the architecture business. Their capital accounts in the ENW partnership for 20X1 were as follows:

C. Eastwood, Capital Debit: 9/1 9,900, Credit: 1/1 30,800 5/1 6,200

A. North, Capital Debit: 3/1 9,500, Credit: 1/1 40,200 7/1 5,300 9/1 4,600

M. West, Capital Debit: 8/1 13,300, Credit: 1/1 51,200 4/1 7,600 6/1 4,300

Required: For each of the following independent income-sharing agreements, prepare an income distribution schedule. Salaries are $15,500 to Eastwood, $20,800 to North, and $19,900 to West. Eastwood receives a bonus of 5 percent of net income after deducting his bonus. Interest is 10 percent of ending capital balances. Eastwood, North, and West divide any remainder in a 3:3:4 ratio, respectively. Net income was $79,380. Interest is 10 percent of weighted-average capital balances. Salaries are $25,200 to Eastwood, $21,200 to North, and $26,000 to West. North receives a bonus of 10 percent of net income after deducting the bonus and her salary. Any remainder is divided equally. Net income was $69,380. West receives a bonus of 20 percent of net income after deducting the bonus and the salaries. Salaries are $21,300 to Eastwood, $18,600 to North, and $16,200 to West. Interest is 10 percent of beginning capital balances. Eastwood, North, and West divide any remainder in an 8:7:5 ratio, respectively. Net income was $95,460.