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(a) Distribution of $85,000 income: Profit percentage Average capital Net income Interest on average capital Salary Residual income (deficit) Allocate Total (b) Distribution of

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(a) Distribution of $85,000 income: Profit percentage Average capital Net income Interest on average capital Salary Residual income (deficit) Allocate Total (b) Distribution of $40,000 income: Profit percentage Average capital Net income Interest on average capital Salary Residual income (deficit) Allocate Total Angela Dawn Total 96 96 0% 0 0 $ 0 0 $ 0 $ 0 $ 0 96 96 0 % 0 0 S 0 0 $ 0 $ 0 $ 0

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