C. Eastwood, A. North, and M. West are manufacturers' representatives in the architecture business. Their capital accounts in the ENW partnership for 20X1 were as follows: C. Eastwood, Capital 9,300 30.700 6.200 1/1 5/1 A. North, Capital 10,300 41,400 5,900 4,700 7/1 M. West, Capital 13.200 51.600 8/1 1/1 f the following independent income-sharing agreements, prepare income distribution schedule. 10 percent n individual partner's capital balance should be entered with a a. Salaries are $16,500 to Eastwood, $21,100 to North, and $19,400 to West. Eastwood receives a bonus of 5 percent of net income after deducting his bonus. Interest Eastwood, North, and West divide any remainder in a 3:3:4 ratio, respectively. Net income was $81,480. (Amounts that are to be deducted from minus sign.) ending capital balances. Eastwood North West Total Profit ratio Ending capital Net income Salary 0 Bonus Interest on ending capital balance 0 Residual income (deficit) S Allocate 0 0S Total S 0 S 0 b. Interest is 10 percent of weighted-average capital balances. Salaries are $25,400 to Eastwood, $21,900 to North, and $25,300 to West. North receives a bonus of 10 percent of net income after deducting the bonus and nr salary. Any ramainder is divided equally. Net income was $68,760. (Do not round intermediate calculations. Round the final answers to nearest whole dollar, Amounts that are be deducted minus sign.) individual partn capit Eastwood North West Total Profit ratio Average capital Net income Interest on average capital balance Salary 0 Bonus 0 Residual income (deficit) Allocate S 0 Total 0 S 0S West balances. Eastwood, North, and West divide any remainder in an 8:7:5 ratio, respectively, Net income was $95.020. (Do not round intermediate calculations. Amounts that are to be deducted from an bonus of 20 percent of net income after deducting the bonus and the salaries. Salaries are $21,200 to Eastwood, $18,200 to North, and $16,500 to West. Interest is 10 percent of beginning capital individual partner's capital balance should be entered with a minus sign.) Eastwood North West Total Profit ratio 0 Beginning capital Net income Bonus Salary Interest on beginning capital 0 0 Residual income (deficit) S Allocate Total 0 S 0 S