W. Bell and C. Quirk started a partnership in 2012. Because Bell contributed a larger amount toward the partnership at inception, the partnership agreement specified the following split of profits and losses in a two-phase allocation. The first allocation would split profits and losses in proportion to the partners relative capital balances up to 20% of those balances. The remainder would be split evenly. At the end of the first year, the partnership had a net loss of $40,000. Partners capital balances were as follows: W. Bell: $102,000 C. Quirk: $18,000 How much of the net loss was allocated to C. Quirk?