Steve Jack and Chelsy Bernard formed a partnership, dividing income as follows: Annual salary allowance to Jack of $50,000. Interest of 9% on each partner's capital balance on January 1. Any remaining net income divided equally. Bernard and Jack had $36,000 and $168,000, respectively, in their January 1 capital balances. Net income for the year was $280,000. How much net income should be distributed to Jack?