Pharoah Co. reports net income of $79,000. Partner salary allowances are Pitts $17,000, Filbert $7,000, and Witten $8,000. Indicate the division of net income to each partner, assuming the income ratio is 50 : 24 : 26, 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

Nabb & Fry Co. reports net income of $30,000. Interest allowances are Nabb $6,500 and Fry $4,500, salary allowances are Nabb $15,700 and Fry $10,400, 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 e.g. -15,000 or parenthesis e.g. (15,000).)

Division of Net Income
		Nabb		Fry		Total
Salary allowance		$enter a dollar amount		$enter a dollar amount		$enter a dollar amount
Interest allowance		enter a dollar amount		enter a dollar amount		enter a dollar amount
Remaining excess/deficiency		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