11. Martin, Pappin and Hull are partners who share income and loss in the ratio of 4:4:3 respectively. Hull is the only one who receives a salary; he gets $10,000 per year. All partners earn 10% interest on their capital account balances. These balances are as shown. - Martin $20,000 - Pappin $40,000 - Hull $10,000 - The net income for the year was $83,000 A. Prepare a statement of distribution of net income for the year ended December 31,20 -. B. Prepare a statement of partners' capital. Each partner withdrew $5000 during the year