Emmett and Sierra formed a partnership dividing income as follows: Annual salary allowance to Emmett of $36,200 Interest of 8% on each partner's capital balance on January 1 Any remaining net income divided equally. Emmett and Sierra had $20,200 and $137,700, respectively in their January 1 capital balances. Net income for the year was $231,600. How much net income should be distributed to Emmett