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(b) Sue Peters Tracey Davies Eileen Quirk Total Net income Salary allowance Interest allowance Tracey Davies Eileen Quirk Total interest Remaining Income Sue Peters Tracey
| (b) | ||||||
| | ||||||
| Sue Peters | Tracey Davies | Eileen Quirk | Total | |||
| Net income | ||||||
| Salary allowance | ||||||
| Interest allowance | ||||||
| Tracey Davies | ||||||
| Eileen Quirk | ||||||
| Total interest | ||||||
| Remaining Income | ||||||
| Sue Peters | ||||||
| Tracey Davies | ||||||
| Eileen Quirk | ||||||
| Total remainder | ||||||
| Total division | $ | $ | $ | $ | ||
| (c) | ||||||
| PDQ Company | ||||||
| Statement of Partners' Capital | ||||||
| For the Year Ended December 31, 2003 | ||||||
| Sue Peters | Tracey Davies | Eileen Quirk | Total | |||
| Capital, January 1 | $ | $ | $ | $ | ||
| Add: Net income | ||||||
| Less: Drawings | ||||||
| Capital, December 31 | $ | $ | $ | $ | ||
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