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 10 percent of the businesss profit.
• Each partner receives 13 percent interest on average capital investment.
• Any residual profit or loss is divided equally.

The average capital investments for 2021 were as follows:

Jones	$	95,000
King		190,000
Lane		285,000

The partnership earned $46,000 net income for 2021. Prepare a schedule showing how the 2021 net income should be allocated to the partners. (Loss amounts should be indicated with a minus sign.)