Emmett and Sierra formed a partnership dividing income as follows:

1. Annual salary allowance to Emmett of $38,900
2. Interest of 8% on each partner's capital balance on January 1
3. Any remaining net income divided equally.

Emmett and Sierra had $35,200 and $129,500, respectively in their January 1 capital balances. Net income for the year was $221,300.

How much net income should be distributed to Emmett?