Christie and Jergens formed a partnership with capital contributions of $380,000 and $480,000, respectively. Their partnership agreement calls for Christie to receive a $68,000 per year salary. Also, each partner is to receive an interest allowance equal to 8% of a partner's beginning capital investments. The remaining income or loss is to be divided equally. If the net income for the current year is $155,000, then Christie and Jergens's respective shares are:

$68,488; $86,512.

$98,400; $38,400.

$107,500; $47,500.

$48,600; $106,400.

$77,500; $77,500.