Steve King and Chelsy Bernard formed a partnership, dividing income as follows: 1. Annual salary allowance to Bernard of $177,480. 2. Interest of 7% on each partner's capital balance on January 1. 3. Any remaining net income divided to King and Bernard, 1:2. King and Bernard had $81,000 and $87,000, respectively, in their January 1 capital balances. Net income for the year was $306,000. How much is distributed to King and Bernard? Note: Compute partnership share. King: $ Bernard: $