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 25 percent of the business's profit.
• Each partner receives 14 percent interest on average capital investment.
• Any residual profit or loss is divided equally.

The average capital investments for 2018 were as follows:

Jones $ 155,000 King 310,000 Lane 465,000

How much of the $70,000 partnership profit for 2018 should be assigned to each partner?