Emerson and Dakota formed a partnership dividing income as follows:

Annual salary allowance to Emerson of $39,000

Interest of 8% on each partner's capital balance on January 1

Any remaining net income divided equally.

Emerson and Dakota had $26,600 and $126,700, respectively in their January 1 capital balances. Net income for the year was $221,100.

How much net income should be distributed to Emerson?