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2. Annie and Barry are partners who began 2020 with capital balances of $80,000 and $60,000, respectively. They draw $1,500 per month cach and have

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2. Annie and Barry are partners who began 2020 with capital balances of $80,000 and $60,000, respectively. They draw $1,500 per month cach and have agreed to divide profits as follows: Interest of 5% on 1/1 capital balances. Salaries: Annie = $8,000, Barry = $5,000. Bonus to Annie of 10% of income after deducting "interest" and "salary. Remaining profit or loss to be divided in a 3:2 ratio. During 2015 the partnership carned $50,000 in income. Annie's income for 2020 Barry's income for 2020 a. b. Annie's capital balance @ 12/31/20 Barry's capital balance a 12/31/20

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