Polasky and Waddington have formed a partnership. During their first year of operations, the partnership earned $150,000. Their-profit-and-loss-sharing agreement states that, first, each partner will receive 5% of their capital balances. The second level is based on services, with $5,000 to Polasky and $14,000 to Waddington. The remainder then will be shared 2:3 between Polasky and Waddington, respectively. Read the requirements. Requirement 1. Calculate the amount of income each partner will receive under their profit-and-loss-sharing agreement assuming Polasky's capital balance is $79,000 and Waddington's capital balance is $79,000. (Complete all answer boxes. For amounts that are $0, make sure to enter "0" in the appropriate column.) Polasky Waddington Total Net income (loss) Capital allocation: Polasky Waddington Salary allowance: Polasky TIL Waddington Total salary and capital allocation Net income (loss) remaining for allocation Share of remainder: Polasky Waddington Total allocation Total allocation Net income (loss) remaining for allocation Net income (loss) allocated to the partners