I On 1/1/2020, Apple and Jack formed a partnership by investing cash of $40,000 and $110,000, respectively. On 7/1/20, Jack invested an additional $80,000 into the partnership. The partnership's profit/loss distribution plan states that partners are to receive 10% of interest for their capital contributed based on the weighted average capital balance. How much is the amount of interest" that should be allocated to Jack? (Show Work!!)