4. Regina Retail Company is a partnership with net income of $102,000 and needs to split this between partners Ken Kraftman and Ethel Hardachre. As Ken Kraftman works full-time in the business, they have an annual salary of $39,600 and contributed 11 of new clients. The other partner, Ethel Hardachre, put in 5 new clients and has an annual salary of $24,500. The partners split $9,800 of the net income as additional salary based upon the ratio of new clients. The partners invested $29,750 (Ken Kraftman) and \$12,250 (Ethel Hardachre). Each partner will receive 9% on their invested capital. Any residual net income or loss will be split based upon the ratio of invested capital. Prepare a schedule (showing calculations) of the split of net income or loss amongst the partners. (15 marks)