Drew, Eaton, and Howard formed a partnership. When applicable, the articles of co-partnership state that salaries are to be paid first, interest on partners' capital second, with the remainder to be divided equally. The cases below are independent. justify your answers by giving a reasonable argument (show your working). 4. Net income for the year was $98,400. The partnership agreement makes no provision for salaries but provides for 16% interest on January 1 capital balances. These balances were $60,000 for Drew and $105,000 each for Eaton and Howard. Partner Drew's share of net income is $ Justification: 5. Net income for the year was $137,000. The partnership agreement makes no provision for salaries but provides for 10% interest on January 1 capital balances. These balances were $70,000, $100,000, and $80,000 for Drew, Eaton, and Howard, respectively. Partner Drew's share of net income is $ Justification