i need the net income too

Alexander, Macher, and Baker have capital balances of $24,000, 536,000, and $60,000, respectively. The partners thate profits and losses as follows: a. The first $50,000 is divided based on the partners' capital balances b. The next 550,000 is based on service, shared equally by Alexander and Baker Macher does not receive a salary allowance c. The remainder is divided equally Read the resulcements Macher Baker 25 000 35 000 15.000 50.000 (100,000 50.000 Total salary and capital allocation Not Income (loss) remaining for allocation Remainder shared equally: Alexander 43,333 43,333 Macher Baker 43333 130 000 Total allocation 180,000 Net income (los) remaining for allocation Net Income (loss) allocated to the partners 78,333 58.333 93 333 Alexander Machet, and Baker have capital balance of 524.000, 136,000, and $60.000.ro pecively the parts are prin now a. The first 550,000 is divided based on the partners capital haliances b. The next 550.000 is based on senior shared by Alexander and Blake Machadonat civary allowance c. The remainder is divided equally Read them Alexander Macher S0700 10.000 5 15 000 2.000 Notices Capital lection Alandar Macher Bale Salary allowance Alexander Mache Baker Totally and capital allocation 2000 25.000 35.000 15 50000 100.000 Alexander, Macher and Baker have capital balances of $24,000, 536,000, and 560,000, respectively. The partners share profits and losses as follows. a. The first $50,000 is divided based on the partners' capital balances, b. The next $50.000 is based on service shared equally by Alexander and Baker Macher does not receive a salary allowance c. The remainder is divided equally Read the requirements 0 Macher 25 000 35.000 15.000 50.000 (100.000) 50,000 43,333 Baker Total salary and capital allocation Not income (loss) remaining for allocation Remainder shared equally: Alexander Macher Baker Total allocation Net Income (loss) remaining for allocation Net Income (loss) allocated to the partners 43.333 13:333 130,000 180 000 78 333 58,333 93.333 Alexander, Macher, and Baker have capital balances of 24.000, 536,000, and 560,000, respectively. The partners share profits and lots as follows a. The first 550,000 in divided based on the partners capital balonces b. The next 560,000 is based on service, shared equally by Alexander and Baker Macher does not receive a salary allowance c. The remainder is divided equally Read the resultats Requirement 1. Compute each partner's share of the 5130,000 net income for the year (Complete all answer boxen. For amounts that are so make sure to ontor in the appropriate column) Alexander Macher Baker Total Net Income (loss) Capital allocation: Alexander Macher Baker 5 10,000 5 15 000 5 25.000 Alexander, Macher, and Baker have capital balances of $24,000 $36,000 and $60,000, respectively. The partners share profits and losses as follows a. The first $50,000 is divided based on the partners' capital balances b. The next 550,000 is based on service shared oqually by Alexander and Baker Macher does not receive a salary allowance c. The remainder is divided equally Read the requirements Salary allowance: Alexander 25,000 Macher 25 000 Baker Total salary and capital allocation (100,000) 35,000 15.000 50.000 Net Income (los) remaining for allocation Remainder shared equally: Alexander Macher 0 Rar Alexander, Macher, and Baker have capital balances of $24,000, 536,000, and $60,000, respectively. The partners share profits and lossen as follows a. The first $50,000 is divided based on the partners' capital balances b. The next $50,000 is based on service, shared equally by Nexander and Baker Macher does not receive a salary allowance c. The remainder is divided equally Read the requirements Total salary and capital allocation 35.000 15,000 50 000 (100.000) Net Income (loss) remaining for allocation Remainder shared equally: Alexander Macher Baker Total allocation Net Income (loss) remaining for allocation Not income (los) allocated to the partners Alexander, Macher, and Baker have capitat balances of $24,000, 536,000, and 560,000, respectively The partners share profits and losses as follows: a. The lust $50,000 is divided based on the partners capital balances b. The next $50,000 is based on service shared equally by Alexander and Baker Macher does not receive a salary allowance. c. The remainder is divided of - X Read the requirements Requirements Total salary and capitala Net income (loss) remaining Remainder shared equally Alexander Macher 1. Compute each partner's share of the S130.000 not income for the year 2. Journalize the closing entry to allocate net income for the year Baker Print Done Total allocation Net income (103) remaining for Net Income (loss) allocated to the partners