The partnership agreement of Dan, Hen, and Bai provides that profits are to be divided as follows:

■ Bai receives a salary of $24,000, and Hen receives a salary of $18,000 for time spent in the business.

■ All partners receive 10 percent interest on average capital balances.

■ Remaining profits and losses are divided equally among the three partners.

On January 1, 2011, the capital balances were Dan, $200,000; Hen, $160,000; and Bai, $150,000. Dan invested an additional $40,000 on July 1 and withdrew $40,000 on October 1. Hen and Bai had drawings of $18,000 each during the year.

REQUIRED: Prepare a schedule to allocate partnership net income of $28,000 for 2011.