Emerson and Dakota formed a partnership dividing income as follows: 1.Annual salary allowance to Emerson of $41,900 2.Interest of 8% on each partner's capital balance on January 1 3.Any remaining net income divided equally. Emerson and Dakota had $33,400 and $123,200, respectively in their January 1 capital balances. Net income for the year was $201,700. How much net income should be distributed to Emerson?