Emmett and Sierra formed a partnership dividing income as follows:

Annual salary allowance to Emmett of $35,200

Interest of 8% on each partner's capital balance on January 1

Any remaining net income divided equally.

Emmett and Sierra had $36,000 and $147,600, respectively in their January 1 capital balances. Net income for the year was $210,500.

How much net income should be distributed to Emmett?