31 9 points Htrae, Yks, and Sduolc formed a partnership at the beginning of the current year by Investing $100,000, $150,000, and $250,000, respectively. The partners agreed to share profits and losses as follows: Salary allowances of $4,000 per month to Htrae and $2,000 per month to Yks; Interest allowances of 12% of the Initial capital Investments for all three partners; and the remaining balance is to be shared in a 2:3:4 ratio. During the year, Htrae withdrew $20,000 cash, Yks withdrew $17,000 cash, and Sduolc withdrew $11,000 cash. The business earned a profit of $51,000 during the current year. REQUIRED: 1. How much net Income is allocated to each of the three partners for the year? eBook Print References Total Income Allocation Htrae Yks Sduolc Total $ 0.00 2. What is the ending capital balance of each of the three partners at the end of the year? Ending Capital Balance Htrae Yks Sduolc Total $ 0.00