Lori and Peter form a partnership and decide to share the profits and losses as follows: 1. The first assignment is a salary assignment with Lori receiving $12,000 and Peter receiving $14,000. 2. The second allocation is 20% of the capital balances of the partners at the end of the fiscal year. As of December 31, 2019, Lori's and Peter's principal balances are $80,000 and $16,000, respectively. 3. Any remaining profit or loss is distributed equally. For the year ended December 31, 2019, the partnership reported net income of $119,000. 

What is Lori's share of the net income?