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II. Partnership Kun-Hee & Jae-Chuh Co. reports net income of #31,000 (amounts in thousands). Interest allowances are Kun-Hee $7,000 and Jae-Chul 5,000, salary allowances are
II. Partnership Kun-Hee \& Jae-Chuh Co. reports net income of #31,000 (amounts in thousands). Interest allowances are Kun-Hee $7,000 and Jae-Chul 5,000, salary allowances are Kun-Hee W 15,000 and Jae-Chul 10,000, and the remainder is shared equally. Show the distribution of income. Instruction: Show division of net income when allowances exceed net income
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