Steve and Mark operate a partnership selling cricket equipment. They are equal partners in a partnership. The partnership has an accounting net profit of $$150,000.$ Relevant figures in arriving at this profit are as follows:

Income



Sales of cricket equipment

$380000$

Dividends with franking attached credits of $$2143$ 

$5000$





Expenses



Telephone expenses for salesman $85\%$ work$-$related and $15\%$ private

$2800$

Provision for doubtful debts

$10000$

Salaries paid to staff

$220000$

Salary paid to Steve

$15000$

Salary paid to Mark

$35000$

Superannuation paid equally to each partner

$30000$

Superannuation paid for staff

$19800$ 

what is the net income of the partnership for tax purposes