K Acme, Mackey, and Butler have capital balances of $24,000, $36,000, and $60,000, respectively. The partners share profits and losses as follows: a. The first $40,000 is divided based on the partners' capital balances b. The next $40,000 is based on service, shared equally by Acme and Butler. Mackey does not receive a salary allowance. c. The remainder is divided equally Read the requirements Requirement 1. Compute each partner's share of the $101,000 net income for the year. (Complete all answer boxes. For amounts that are $0, make sure to enter "0" in the appropriate column) Net income (loss) Capital allocation: Acme Mackey Butler Salary allowance: Acme Mackey Butler Total salary and capital allocation Net income (loss) remaining for allocation Remainder shared equally. Acme Mackey Butler Total allocation Acme Mackey Butler Total