Required information A partnership began its first year of operations with the following capital balances: Young, Capital: Eaton, Capital: Thurman, Capital: $ 143,900 $ 104,000 $ 143,000 The Articles of Partnership stipulated that profits and losses be assigned in the following manner Young was to be awarded an annual salary of $20,000 and $13,000 salary was to be awarded to Thurman 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 5:23 basis to Young, Eaton, and Thurman, respectively Each partner withdrew $13,000 per year. Assume that the net loss for the first year of operations was $26,000 with net income of $52,000 in the second year. What was Young's total share of net loss for the first year