Mark, Oliver, and Benjamin formed a partnership on January 1, 2022. Their capital contributions are as follows:

Mark: $175,000

Oliver: $190,000

Benjamin: $290,000

At the beginning of the partnership, they agree on the following terms:

Each partner will take an interest of 15% on the beginning capital balance for the year.

Benjamin will take an annual compensation of $20,000.

The remaining income or loss will be split between the partners as below.

40% for Mark, 20% for Oliver, and 40% for Benjamin

Net income (before salary and interest)

$300,000 in 2022 and $320,000 in 2023.

All partners withdraw an amount equal to $2,500 each for personal use every month during 2022 and 2023.

Calculate Marks total share of net income for 2022?

$72,700

$84,850

$116,200

$98,950