33. Follows on the next page. This question has two parts. Prepare two schedules showing all of your work. You should determine the total amount each partner is to receive of profits or losses for each scenario. Alexis and Bruce are partners in a business Alexis $45,000 Bruce $55,000 They have original capital balances of | They agree to share profits and losses as follows: As Salaries $34,000 Interest on Original Capital Balances 10% Remaining after salaries and interest 60% Calculate each partners total share of profits and losses a) net income of $100,000 b) net income of $40,000 $50,000 10% 40%