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Oriole Co. reports net income of $59,000. Partner salary allowances are Pitts $15,000, Filbert $5,000, and Witten $6,000. Indicate the division of net income to

Oriole Co. reports net income of $59,000. Partner salary allowances are Pitts $15,000, Filbert $5,000, and Witten $6,000. Indicate the division of net income to each partner, assuming the income ratio is 56 : 26 : 18, respectively.

Division of Net Income

Pitts

Filbert

Witten

Total

Salary allowance

$enter a dollar amount

$enter a dollar amount

$enter a dollar amount

$enter a dollar amount

Remaining income

enter a dollar amount

enter a dollar amount

enter a dollar amount

enter a dollar amount

Total division of net income

$enter a total amount

$enter a total amount

$enter a total amount

$enter a total amount

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