Steve and Heather decided to form a partnership on April 1. Steve invested $60,000 and Heather invested $40,000. Net Income for the fiscal year ended March 31 was $110.000. Each partner is to receive 10% on their original investment. Steve and Heather are to receive a salary allowance of $35.000 and $45.000, respectively The remainder is to be divided as follows: 70% to Steve and 30% to Heather Determine the amount of net income that Steve and Heather would have received