Emmett and Sierra formed a partnership dividing income as follows: 1. Annual salary allowance to Emmett of $44,700 2. Interest of 8% on each partner's capital balance on January 1 3. Any remaining net income divided equally. Emmett and Sierra had $27,000 and $122,100, respectively in their January 1 capital balances. Net income for the year was $208,600. How much net income should be distributed to Emmett