The partnership agreement of Jones, King, and Lane provides for the annual allocation of the business’s profit or loss in the following sequence:

• Jones, the managing partner, receives a bonus equal to 20 percent of the business’s profit.

• Each partner receives 15 percent interest on average capital investment.

• Any residual profit or loss is divided equally.

The average capital investments for 2011 were as follows:

Jones . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $100,000

King . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 200,000

Lane . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 300,000

Purkerson . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $60,000

Smith . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 40,000

Traynor . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 20,000

How much of the $90,000 partnership profit for 2011 should be assigned to each partner?