Answer:
The calculation is shown below:
Explanation:
The distribution of income is shown below:
Particulars Nate Frank Total
Interest Allowance $7,000 $5,000 $12,000
Salary Allowance $15,000 $10,000 $25,000
Total $22,000 $15,000 $37,000
Remainder (Equally) ($3,000) ($3,000) ($6,000)
Net Income $19,000 $12,000 $31,000
The remainder amount is come from
= $37,000 - $31,000
= $6,000
We simply added the interest allowance and the salary allowance and then deducted the remaining income so that the net income could come
