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Nabb & Fry Co. reports net income of $29,000. Interest allowances are Nabb $6,400 and Fry $5,100, salary allowances are Nabb $15,500 and Fry $10,500,

Nabb & Fry Co. reports net income of $29,000. Interest allowances are Nabb $6,400 and Fry $5,100, salary allowances are Nabb $15,500 and Fry $10,500, 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) Salary allowance Interest allowance Remaining excess/deficiency Total division of net income Division of Net Income Nabb Fry Total

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