C$.$ Eastwood, A$.$ North, and M$.$ West are manufacturers' representatives in the architecture business. Their capital accounts in the ENW

partnership for $201$ were as follows:

Requlred:

For each of the following Independent Income$-$sharing agreements, prepare an Income distribution schedule.

a$.$ Salarles are $$15,600$ to Eastwood, $$20,500$ to North, and $$19,100$ to West. Eastwood recelves a bonus of $5$ percent of net Income

after deducting his bonus. Interest is $10$ percent of ending capital balances. Eastwood, North, and West divide any remainder in a

$3$:$3$:$4$ ratio, respectlvely. Net income was $$79,380.$

b$.$ Interest Is $10$ percent of weighted$-$average capital balances. Salarles are $$24,500$ to Eastwood, $$21,800$ to North, and $$25,200$ to

West. North recelves a bonus of $10$ percent of net Income after deducting the bonus and her salary. Any remainder is divided

equally. Net Income was $$68,880.$

c$.$ West recelves a bonus of $20$ percent of net income after deducting the bonus and the salarles. Salarles are $$22,200$ to Eastwood,

$$19,000$ to North, and $$16,200$ to West. Interest is $10$ percent of beginning capltal balances. Eastwood, North, and West divide any

remainder In an $8$:$7$:$5$ ratio, respectlvely. Net Income was $$96,580.$

Complete this question by entering your answers in the tabs below.

For each of the following independent income$-$sharing agreements, prepare an income distribution schedule.

Interest is $10$ percent of weighted$-$average capital balances. Salaries are $$24,500$ to Eastwood, $$21,800$ to North, and

$$25,200$ to West. North receives a bonus of $10$ percent of net income after deducting the bonus and her salary. Any remainder

is divided equally. Net income was $$68,880.$

Note: Do not round intermediate calculations. Round the final answers to nearest whole dollar. Amounts that are to be

deducted from an individual partner's capital balance should be entered with a minus sign.