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Required information

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Mo$,$ Lu$,$ and Barb formed the MLB Partnership by making investments of $$74,700,$$$290,500,$ and $$464,800,$ respectively. They predict annual partnership net income of $$492,000$ and are considering the following alternative plans of sharing income and loss: $($a$)$ equally; $($b$)$ in the ratio of their initial capital investments; or $($c$)$ salary allowances of $$83,200$ to $Mo,$ $$62,400$ to Lu$,$ and $$94,000$ to Barb; interest allowances of $10\%$ on their initial capital investments; and the remaining balance shared as follows: $20\%$ to Mo$,40\%$ to Lu$,$ and $40\%$ to Barb.

Required:

Use the table to show how to distribute net income of $$492,000$ for the calendar year under each of the alternative plans being considered.

Note: Do not round intermediate calculations.