A and B partnership with the following capital balances on 1\1\2019: A ,capital :12000, B ,capital 10000 they share profits and losses as follow: A receives annual salary $2000 for running the business. Remaining is divided equally. During year, each made an additional investment 2500 ,A withdraw 1000, B did not make any withdrawals. Net income earned 1300. Required: 5. Determine share for A in net income? (1 mark) 6. Determine ending capital balance to A? (1 mark) 7. Make closing entry for net income? (1 mark)