Patterson and Walker have formed a partnership. During their first year of operations, the partnership earned S150,000. Their-profit-and-loss-sharing agreement states that, first, each partner will receive 12% of their capital balances. The second level is based on services, with $12,000 to Patterson and $14,000 to Walker. The remainder then will be shared 3:2 between Patterson and Walker, respectively. Read the requirements Requirement 1. Calculate the amount of income each partner will receive under their profit-and-loss-sharing agreement assuming Patterson's capital balance is $85,000 and Walker's capital balance is $85,000. (Complete all answer boxes. For amounts that are $0, make sure to enter "O" in the appropriate column) Patterson Walker Total Net income (los) Capital allocation: Patterson Walker Salary allowance: Patterson Walker Total salary and capital allocation Net income (loss) remaining for allocation Share of remainder: Patterson Walker Total allocation Net income loss) remaining for allocation Net income (loss) allocated to the partners