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Nabb & Fry Co. reports net income of $ 27,000. Interest allowances are Nabb $ 7,400 and Fry $4,300, salary allowances are Nabb $ 15,900

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Nabb & Fry Co. reports net income of $ 27,000. Interest allowances are Nabb $ 7,400 and Fry $4,300, salary allowances are Nabb $ 15,900 and Fry $ 10,800, 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 e.g. - 15,000 or parenthesis e.g. (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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