Emmett and Sierra formed a partnership dividing income as follows:

1. Annual salary allowance to Emmett of $38,800
2. Interest of 8% on each partner's capital balance on January 1
3. Any remaining net income divided equally.

Emmett and Sierra had $23,200 and $145,700, respectively in their January 1 capital balances. Net income for the year was $231,900.

How much net income should be distributed to Emmett? $fill in the blank 1