The partnership agreement of Jones, King, and Lane provides for the annual allocation of the business's profit or loss

in the following sequence:

Jones, the managing partner, receives a bonus equal to $20$ percent of the business's profit.

Each partner receives $15$ percent interest on average capital investment.

Any residual profit or loss is divided equally.

The average capital investments for $2024$ were as follows:

Required:

The partnership earned $$90,000$ net income for $2024.$ Prepare a schedule showing how the $2024$ net income should

be allocated to the partners.

Note: Loss amounts should be indicated with a minus sign.

Answer is complete but not entirely correct.