Wong, Auni, and Divya are partners and close partnership accounts to 31 December annually. The business accounts show a net loss before taxation of RM95,000 for the year ended 31 December 2017. Business expenses include depreciation, donations and bad debts (general provision of bad debts) amounting to RM18,000, RM3,500 and RM8,000 respectively. The partnership is eligible to claim capital allowance of RM10,000 and balancing charge of RM6,000. The partnership agreement provides for an annual salary of RM36,000 to Wong and RM42,000 to Auni and Divya respectively. An annual interest on capital for each partner is 5%. Wong, Auni, and Divya contributed capital amounted to RM80,000, RM100,000 and RM110,000 respectively with profit sharing ratio 2:1:2. On 1 July 2017, Ikram joined the partnership and contributed RM50,000 as a capital. He received salary of RM2,000 per month. New profit sharing ratio was 1:1:1:1. Other terms in the partnership agreement would remain the same. Required: (i) (ii) (iii) Compute the partnership's provisional adjusted income and divisible income for the year of assessment 2017. (6 marks) Compute the partner's statutory income for the year of assessment 2017. (10 marks) State the factors that determine the existence of a partnership. (4 marks) [Total. 20 marks]