On January $1,2020,$ the dental partnership of Angela, Diaz, and Krause was formed when the partners contributed $$51,000,$ $$79,000,$ and $$81,000,$ respectively. Over the next three years, the business reported net income and $($loss$)$ as follows:

$2020$ $ $91,000$

$202163,000$

$2022(46,000)$

During this period, each partner withdrew cash of $$14,000$ per year. Krause invested an additional $$8,000$ in cash on February $9,2021.$

At the time that the partnership was created, the three partners agreed to allocate all profits and losses according to a specified plan written as follows:

Each partner is entitled to interest computed at the rate of $10$ percent per year based on the individual capital balances at the beginning of that year.

Because of prior work experience, Angela is entitled to an annual salary allowance of $$16,000$ per year, and Diaz is entitled to an annual salary allowance of $$11,100$ per year.

Any remaining profit will be split as follows: Angela, $20$ percent; Diaz, $35$ percent; and Krause, $45$ percent. If a net loss remains after the initial allocations to the partners, the balance will be allocated: Angela, $30$ percent; Diaz, $45$ percent; and Krause, $25$ percent.