On January 1, 2020, the dental partnership of Angela, Diaz, and Krause was formed when the partners contributed $51,000, $79,000, and $81,000, respectively. Over the next three years, the business reported net income and (loss) as follows: 2020 $ 91,000 2021 63,000 2022 (46,000 ) During this period, each partner withdrew cash of $14,000 per year. Krause invested an additional $8,000 in cash on February 9, 2021. At the time that the partnership was created, the three partners agreed to allocate all profits and losses according to a specified plan written as follows: Each partner is entitled to interest computed at the rate of 10 percent per year based on the individual capital balances at the beginning of that year. Because of prior work experience, Angela is entitled to an annual salary allowance of $16,000 per year, and Diaz is entitled to an annual salary allowance of $11,100 per year. Any remaining profit will be split as follows: Angela, 20 percent; Diaz, 35 percent; and Krause, 45 percent. If a net loss remains after the initial allocations to the partners, the balance will be allocated: Angela, 30 percen