L Contributes $90 to a newly formed partnership and G contributes $10. The partnership agreement specifies that net profits and net losses are allocated so that the partners' capital account balances are equal to the amount of cash that would be distributed under the distribution provisions of the agreement. the distribution waterfall in the agreement provides for distributions in the following order: (1) preffered return of 10% annually on unreturned contributed capitan, then (2) return capital in proportion to capital contributions until all capital contributions are returned, then (3) split 50% to L and 50% to G. the partnership earns $30 of net profits in year 1 and makes no distributions. how is income allocated to each partner