Partnership Net Income of $132,000 Is to Be Divided Between

Partnership net income of $132,000 is to be divided between two partners, Jessie Folk and Jessica Stephens, according to the following arrangement: There will be salary allowances of $80,000 for Folk and $40,000 for Stephens, with the remainder divided equally. How much of the net income will be distributed to Folk and Stephens, respectively?

A) $88,000 and $44,000
B) $86,000 and $46,000
C) $84,000 and $48,000
D) $66,000 and $66,000