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can you please solve it ASAP and correctly? Raphael and Moreno formed a partnership on June 1, 2018. Moreno invested $120.000 in cash Raphael invested

can you please solve it ASAP and correctly?
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Raphael and Moreno formed a partnership on June 1, 2018. Moreno invested $120.000 in cash Raphael invested tand van at $30.000, which he had purchased for $20,000 in 2008. In addition, Raphael possessed superior managers and agreed to manage the firm. The partners agreed to the following profit and loss allocation formula a. Interest -8% on original capital investments b. Salary-- $5,000 a month to Raphael c. Bonus - Raphael is to be allocated a bonus of 20% of net income after subtracting the bonus interest and salary d. Remaining profit is to be divided equally At the end of the fiscal year May 31, 2019 the partnership reported net income before interest, salaries and bonus of $168.000 Instructions: Calculate the amount or bonus to be allocated to Raphael

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