The APB partnership agreement specifies that partnership net income be allocated as follows: Partner A Partner P Partner B Salary allowance $30,000 $10,000 $40,000 Interest on average capital balances 10% 10% 10% Remainder 40% 40% 20% Average capital balances for the current year were $50,000 for A. $30,000 for P, and $20,000 for B. If net income is $75,000, how much income is allocated to each partner? Show all computations