Please check if this was done correctly. Got a little confused on the breakdown mocing into year 2

A partnership began its first year of operations with the following capital balances:

Franklin, Capital	$	143,000
Edward, Capital	$	104,000
Navarro, Capital	$	143,000

The Articles of Partnership stipulated that profits and losses be assigned in the following manner:

• Franklin was to be awarded an annual salary of $27,000 and $14,000 salary was to be awarded to Navarro.
• Each partner was to be attributed with interest equal to 10% of the capital balance as of the first day of the year.
• The remainder was to be assigned on a 5:2:3 basis to Franklin, Edward, and Navarro, respectively.
• Each partner withdrew $15,000 per year.

Assume that the net loss for the first year of operations was $27,500 with net income of $54,000 in the second year.

Required:

What was Franklin's total share of net income for the second year?

My Answer:

Year 1:
Opening Balance	143000
Salary	27000
Interest on Capital	14300
Net Loss	54000
Withdrawal	15000
Closing Balance	115300
Net Loss	27500
Interest on Salary	39000
	52750
Year 2:
Opening Balance	115300
Salary	27000
Interest on Capital	11530
Net Loss	-9375
Withdrawal	15000
Closing Balance	129455