Question Content Area Emmett and Sierra formed a partnership dividing income as follows:

1.Annual salary allowance to Emmett of $38,700.

2.Interest of 8% on each partner's capital balance on January 1.

3.Any remaining net income divided equally.

Emmett and Sierra had $36,200 and $135,300, respectively in their January 1 capital balances. Net income for the year was $210,800.

How much net income should be distributed to Emmett? $?