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 2021 were as follows:

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

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

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

The partnership earned $90,000 net income for 2021. Prepare a schedule showing how the 2021 net income should be allocated to the partners.