Che The partnership agreement of Jones, King, and Lane provides for the annual allocation of the business's profit or loss in the following sequence Jones, the managing partner, receives a bonus equal to 20 percent of the business's profit. Each partner receives 11 percent interest on average capital investment Any residual profit or loss is divided equally. The average capital investments for 2021 were as follows: Jones xing Lane $ 195,000 390,000 585,000 The partnership earned $90,000 net income for 2021. Prepare a schedule showing how the 2021 net income should be allocated to the partners. (Loss amounts should be indicated with a minus sign.) Jones King Lane Total $ Net Income Bonus Interest of s 42.900 21.450 0 (1.710) 64,350 (128.700) $ (130,410) 30,000 (90.000) 94,350 $ (220,410) Remainder to allocate Total allocation 30,000 53,150 $ 30,000 72.900 $ $