Annie, Paul and John formed a limited liability partnership in 2019. In 2020, the beginning capital balance of each partner was $22,000, $33,000 and $55,000 respectively. During 2020, the company earned a net income of $54,000, and Annie withdrew $29,000 while Paul and John withdrew $37,000 and $33,000 respectively

a) Calculate the amount of net income each partner will receive based on the following independent scenarios. (i) the earnings are divided equally. (ii) Annie receives 35%, Paul receives 38%, and John receives 27% of the earnings. (iii) the earnings are divided based on the partner's capital balance at the beginning of the year. Do not enter dollar signs or commas in the input boxes. Round your answers to the nearest whole number. Do not use the negative sign.

(i) (ii) (iii) Annie x Paul X John b) Calculate the ending capital balance of each partner, assuming that method (ii) is used to divide earr Annie Paul John Beginning Capital Balance 22000 33000 55000 Add: Share of net income Subtotal Less: Withdrawals 29000 37000 33000 Ending Capital Balance