Emmett and Sierra formed a partnership dividing income as follows:

1. Annual salary allowance to Emmett of $42,000
2. Interest of 8% on each partner's capital balance on January 1
3. Any remaining net income divided equally.

Emmett and Sierra had $33,200 and $134,300, respectively in their January 1 capital balances. Net income for the year was $219,600.

How much net income should be distributed to Emmett?