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Nabb & Fry Co. reports net income of $25,000. Interest allowances are Nabb $7,800 and Fry $5,900, salary allowances are Nabb $15,300 and Fry $10,900,

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Nabb & Fry Co. reports net income of $25,000. Interest allowances are Nabb $7,800 and Fry $5,900, salary allowances are Nabb $15,300 and Fry $10,900, and the remainder is shared equally. Show the distribution of income. (If an amount reduces the account balance then enter with a negative sign preceding the number eg.-15,000 or parenthesis eg (15,000)) Division of Net Income Nabb Fry Total Salary allowance Interest allowance Remaining excess/deficiency Total division of net income $

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