Morris and Rose are partners and run an international business in partnership. The relevant income and expenses of the Partnership for 2019/2020 tax year are as follows:

Sales relating to Australian source income$250,000

Less Expenses

Shop rates$23,000

Business insurance$3,200

Part-time staff wages$6,000

Wages - Morris$15,000

Superannuation contribution - Morris$1,425

Wages- Rose$25,000

Superannuation contribution - Rose$2,375

Interest paid to Morris$1,000

Alterations and extensions to office building completed 1.7.2019$26,000

Sales relating to foreign source income$20,000

Less Expenses:

Other expenses (Website and software)$5,000

Other information

-Interest of $1,000 was paid to Morris on an advance of money to the business

-Morris is the resident for the full year and entitled to 60% of the net income of the partnership

-Rose is not the resident for the full year and entitled to 40% of the net income of the partnership

REQUIRED

Calculate their shares of net partnership income that Morris and Rose would be required to include in their assessable income for the year ended 30 June 2020. Please show all workings.