Dividing Partnership Net Income

Steve King and Chelsy Stevens formed a partnership, dividing income as follows:

1. Annual salary allowance to Stevens of $174,420.
2. Interest of 6% on each partner's capital balance on January 1.
3. Any remaining net income divided to King and Stevens, 1:2.

King and Stevens had $87,000 and $117,000, respectively, in their January 1 capital balances. Net income for the year was $306,000.

Required:

How much net income should be distributed to King and Stevens? King: $fill in the blank 1 Stevens: $fill in the blank 2