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Dividing Partnership Net Income Steve Prince and Chelsy Boxer formed a partnership, dividing income as follows: Annual salary allowance to Prince of $ 1 9

Dividing Partnership Net Income
Steve Prince and Chelsy Boxer formed a partnership, dividing income as follows:
Annual salary allowance to Prince of $192,930.
Interest of 5% on each partner's capital balance on January 1.
Any remaining net income divided to Prince and Boxer, 1:2.
Prince and Boxer had $93,000 and $105,000, respectively, in their January 1 capital balances. Net income for the year was $327,000.
How much net income should be distributed to Prince and Boxer?
Prince: 9 Boxer: $
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