Alex, Bob and Carl are in partnership, sharing profits and losses in the ratio 4:3:3 respectively. The partnership maintains fixed capital accounts. Alex is entitled to a salary of $13,000 per annum. The partnership agreement also provides for the partners to receive interest on capital at 6% per annum, and to pay interest on drawings at a rate of 9% per annum. For the purposes of the interest calculations, all drawings are assumed to have been made on the first day of the financial year. At 1 July 20X2 the balances on the partners capital and current accounts were: Capital account Current account $ Alex 325,000 Bob 200,000 Carl 100,000 $ 99,800 45,990 32,200 On 1 January 20X3, Carl introduced a further $100,000 of capital and increased his involvement in the business. It was agreed that he should be paid a salary of $10,000 per annum from that date. During the year, the partners withdrew $18,000 each. The profit for the year to 30 June 20X3 has been calculated to be $128,900. You should note that this includes deductions for the partners' salaries. Required Show the statement of division of profit and the partners' current accounts