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 11 percent interest on average capital investment. . Any residual profit or loss is divided equally. The average capital investments for 2015 were as follows: Jones King Lane $195,000 390,000 585,000 How much of the $90,000 partnership profit for 2015 should be assigned to each partner? Income Assignment Jones King Lane