Marvin, Gerwin, Froilan formed a partnership on July 1,2020 with the following investments: Marvin 200,000 Gerwin 300,000 Froilan 450,000 The partnership agreement stated that profits and losses are to be shared equally by the partners after consideration for the following: 1. Annual salaries to partners: 60,000 for Marvin, 48,000 for Gerwin and 36,000 for Froilan. 2. 10% interest on average capital 3. 10% of net profit after salaries and interest as bonus to Marvin as the managing partner. On October 1, 2020, Marvin made additional investment of 60,000, on the residual profit after salaries and Froilan invested 30,000 on Dec. 1,2020. If each partner received 30,000 on the residual profit after salaries, interest, and bonus, the net income reported by the partnership during the 6 moths of operation is.