Nadine Hoop, Lauretta Hodge and Gary Short perform in a band operating as a partnership. According to the partnership agreement, Nadine receives a salary of $18,000, Lauretta receives a salary of $30,000, and Gary a salary of $31,000. They are also to receive nominal interest of 3% on the capital at the end of the preceding year (capital balances are Nadine - $1,500, Lauretta - $15,000, Gary - $21,000). The remainder is divided equally. During the year partners withdrew $17,000 each as an advance to their share of partnership earnings. The band made $97,225 after paying all other expenses.

Prepare a table showing the income distribution for the year. Do not enter dollar signs or commas in the input boxes. Round your answers to the nearest whole number. Use the negative sign for negative values or values that must be subtracted

Total Hoop Hodge Short Opening Capital Balance 37500 1500 15000 21000 Withdrawals During the Year Subtotal Net Income 97225 Salaries 18000 30000 31000 Interest Remainder Share of Profit to Partners Transfer to Partner's Capital Accounts Closing Capital Balance