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Stolton and Bright are partners in a business they started two years ago. The partnership agreement states that Stolton should receive a salary allowance of

Stolton and Bright are partners in a business they started two years ago. The partnership agreement states that Stolton should receive a salary allowance of $15,300 and that Bright should receive a $23,900 salary allowance. Any remaining income or loss is to be shared equally.
Determine each partner's share of the current year's net income of $59,200.
Note: Enter all allowances as positive values. Enter losses, if any, as negative values.
\table[[Allocation of Partnership Income],[,Stolton,Bright,Total],[Net income,,,,,$,59,200],[Salary allowances,$,15,300,$,23,900,,39,200],[Balance of income,,20,000],[Balance allocated equally,,,,,,0],[Balance of income,$,20,000],[Shares of the partners,$,15,300,$,23,900,,]]
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