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: Required: For each of the following independent income-sharing agreements, prepare an income distribution schedule. a. Salaries are $16,500 to Eastwood, $21,900 to North, and $18,400 to West. Eastwood receives 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, respectively. Net income was $79,800. b. Interest is 10 percent of weighted-average capital balances. Salaries are $25,500 to Eastwood, $21,300 to North, and $25,500 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 $69,480. c. West receives a bonus of 20 percent of net income after deducting the bonus and the salaries. Salaries are $21,700 to Eastwood, $18,200 to North, and $15,500 to West. Interest is 10 percent of beginning capital balances. Eastwood, North, and West divide any remainder in an 8:7:5 ratio, respectively. Net income was $95,000. For each of the following independent income-sharing agreements, prepare an income distribution schedule. Salaries are $16,500 to Eastwood, $21,900 to North, and $18,400 to West. Eastwood receives 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, respectively. Net income was $79,800. Note: Amounts that are to be deducted from an individual partner's capital balance should be entered with a minus sign. 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 $25,500 to Eastwood, $21,300 to North, and $25,500 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 $69,480. 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. For each of the following independent income-sharing agreements, prepare an income distribution schedule. West receives a bonus of 20 percent of net income after deducting the bonus and the salaries. Salaries are $21,700 to Eastwood, $18,200 to North, and $15,500 to West. Interest is 10 percent of beginning capital balances. Eastwood, North, and West divide any remainder in an 8:7:5 ratio, respectively. Net income was $95,000. Note: Do not round intermediate calculations. Amounts that are to be deducted from an individual partner's capital balance should be entered with a minus sign