emerson and dakota formed a partnership dividing income as follows: annual salary allowance to emerson of $32,000 interest of 10% on each partner's capital balance on january 1 any remaining net income divided equally. emerson and dakota had $22,400 and $121,600, respectively, in their january 1 capital balances. net income for the year was $220,400. how much net income should be distributed to dakota? $fill in the blank 1
