AutoSave ( Off) H 2 - Excel A Christopher Alan Ritch (caritch) CA X File Home Insert Page Layout Formulas Data Review View Help 9 Search Share Comments A17 X v fx A B C D E F G 1 On January 1st 2020 the PSST partnership had the following capital accounts: 2 Schiff $510,000 W Schumer $600,000 4 Pelosi $700,000 5 Trump $1,000,000 6 The partnership agreement states the following: 7 Partners would receive 10% interest on their beginning of the year capital accounts 8 Schiff receives a salary of $10,000 per year 9 Trump receives a salary of $50,000 per year 10 Pelosi takes $24000 per year out of her capital account for cosmetics 11 cd | DOLLAR |EURO Trumn takes $30 000 ner vear out of his canital account for orange hair dve START RUNNING TERMINATE + Ready + 180% Type here to search O mean O ENG 8:37 PM INTL 4/28/2020AutuSave 'OEM [E] L). File A Christopher/AlanRitchiicarltch; .L Home Insert Page Layout Formulas Data Review View Help ,0 Search Share DComments >\\ r A A ] B ] c ] D | E ] F | G 1 Trump takes $30,000 per year out of his capital account for orange hair dye 3 profits are shared equally 3 Losses are: 40% Schumer 30% Schiff 20% Pelosi and 10% Trump 1 In 2020 the partnership reported income of $800,000 [before interest and partner salaries] 3 In 2021 the partnership reported income of $200,000 [before interest and partner salaries] 16 In 2022 the partnership reported income of $750,000 [before interest and partner salaries] 17 . E for 2020,2021 and 2022 determine 3 a) each partners share of partnership income a b) each partners ending capital balance. 4% l cd l DOLLAR l EURO l START RUNNING TERMINATE l G.) 5 . , Ready n p Type hereto search