Cody Paulson and Hannah O'Brien formed a partnership, dividing income as follows: Annual salary allowance to Paulson of $26,000. Interest of 5% on each partner's capital balance on January 1. Any remaining net income divided to Paulson and O'Brien, 2:1. Paulson and O'Brien had $50,000 and $120,000, respectively, in their January 1 capital balances. Net income for the year was $33,000. How much net income should be distributed to Paulson