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Lori and Peter enter into a partnership and decide to share profits and losses as​ follows:...

Lori and Peter enter into a partnership and decide to share profits and losses as​ follows: 1. The first allocation is a salary allowance with Lori receiving $ 9 comma 000 and Peter receiving $ 11 comma 000. 2. The second allocation is 20​% of the​ partners' capital balances at year end. On December​ 31, 2019, the capital balances for Lori and Peter are $ 85 comma 000 and $ 25 comma 000​, respectively. 3. Any remaining profit or loss is allocated equally. For the year ending December​ 31, 2019, the partnership reported net income of $ 55 comma 000. What is​ Lori's share of the net​ income?

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