?Q$2-$ ?Ann and Saba have a partnership agreement which includes the following provisions regarding sharing net income or net loss:

A salary allowance of $$36,000$ ?to Annand $$54,000$ ?to Saba.

An interest allowance of $10\%$ ?on capital balances at the beginning of the year.

The remainder to be divided $40\%$ ?to Ann and $60\%$ ?to Saba.

The capital balance on January $1,2020,$ ?for Ann and Saba was $$90,000$ ?and $$120,000,$ ?respectively. During $2020,$ ?the Ann and Saba Partnership had Net Income of $ $130,000.$ ?Instructions

Prepare A schedule showing the division of net income.