Zandusky invested $50,000 and Laurie invested $40,000 in a partnership and agreed to share Ohcome and losses by allowing a \$5,000 annual salary allowance to Zandusky and a $6,000 annual salary allowance to Laurie. As well, each partner is to receive a share of profit equal to a 10% return on capital investments, and the balance is to be divided equally. Under this agreement, what are the shares of the partners if the partnership income is $65,000 ? SOLUTION: INCOME DISTRIBUTION SUMMARY