Calculate the distribution of partnership net income(loss) for each independent situation below(for each situation, assuming the average capital balance of P is $140,000 and of Q is $240,000)

	G	Q
Salaries	$80,000	$100,000
Bonus Net Income	6%	12%
Interest on avg capital balances	7%	7%
remainder ( if positive)	60%	40%
remainder (if negative)	50%	50%

1 . Partnership net income is $360,000

2. Partnership net income is $240,000

3. Partnership net los is $40,000