AA and BB$,$ had capital accounts in $2021$ as follows

a$.BB$ and $AA$ receive a monthly salary of $P2,000$ and $P1,000,$ respectively

b$.$ AA receives a $20\%$ bonus based on income after salaries, interest but before bonus

c$.$ Interest is $5\%$ of their weighted average capital balances

d$.$ The remainder shall be allocated based on ending capital balance if negative while it shall be based on

average capital balance if positive. $($Use two decimal places$)$

Required:

a$.$ Compute the average capital balances of each partner.

b$.$ If the partnership reports income of P $200,000$ in $2021$ before salaries, interest and bonus, prepare a

schedule showing how much will each partner receive. Show supporting computations.