Leigh Meadows and Byron Leef formed a partnership in which the partnership agreement provided for salary allowances of $55,000 and $48,000, respectively.

Determine the division of a $28,000 net loss for the current year, assuming remaining income or losses are shared equally by the two partners. Use the minus sign to indicate any deductions or deficiencies.

	Leigh Meadows		Byron Leef		Total
Salary Allowance	$		$		$
Remainder	$		$		$
Net Loss	$		$		$