Chinoo and Minoo began a partnership to start a Roti and Samoosa business, by investing $640,000 and $800,000 respectively. They agreed to share profits/losses by providing yearly salary allowances of $75,000 to Chinoo and $37,500 to Minoo, 20% interest allowances on their investments, and sharing the balance 3:2. REQUIRED 1. Determine each partner's share if the first year loss was $380,000 2. Independent of question 1 above, determine each partner's share if the first year profit was $1,680,000