Left and Right are partners. Their capital accounts during 20X1 were as follows:

Left, Capital

8/23	6,000		1/1	30,000
			4/3	8,000
			10/31	6,000

Right, Capital

3/5	9,000		1/1	50,000
			7/6	7,000
			10/7	5,000

Partnership net income is $50,000 for the year. The partnership agreement provides for the division of income as follows:

1.	Each partner is to be credited 8 percent interest on his or her average capital (calculated after rounding to the nearest number of whole months).
2.	Any remaining income or loss is to be divided equally.

Required:

Prepare an income distribution schedule. (Amounts that are to be deducted from an individual partner's capital balance should be entered with a minus sign.)