what is the total income to be distributed and the blank square

3. Bart & Eglin Co. reports net income of $70,000. The partnership agreement provides for annual salaries of $22,000 for Barr and $24,000 for Eglin and interest allowances of $4,000 to Barr and $6,000 to Eglin. Any remaining income or loss is to be shared 70% by Barr and 30% by Eglin.I Instructions Compute the amount of net income that should be distributed to each partner by preparing a schedule of cash payments. Total Income to be Distributed: Barr Eglin Total Salary Allowance 22,000 24,000 46,000 4,000 6,000 10,000 16,000 30,000 46 000 Interest Allowance Total Salaries and Interest Remaining Income/Deficiency Total Division