Dick and Dastardly are in partnership.The capital and current accounts as at 1 January 20x7 show Capital current $ $ Dick. 50,000. 2,500 Dastardly. 20,000. 3,000 The Partnership agreement provides for the following: (a) profits and losses are shared between Dick and Dastardly in percentages 60 & 40. (b) Interest on capital at 10% per annum is allowed (c) interest on drawings is charged at 12% per annum. Drawings for the year to 31 December 20x7 are: Dick. Dastardly $ $ 1stFeb 20x7 5000 2000 30Sept 20x7 2000 5000 The profit for the year is $20.000 You are required to prepare the appropriation statement and the current accounts for the year ended 31Dec 20x7