e: Question 3 Winnie, Sarah, and Mary are in a partnership together. They have opening capital balances on January 1, 2021 of $130,000, $96,000, and $274,000, respectively. They have agreed to share profits and losses as follows: 1. $80,000 to be allocated in the ratio of their opening capita balances. ii. $115,000 to be allocated based on service for Winnie, Sarah and Mary 2:2:1, respectively. iii. Any remaining profit is allocated equally. Required: a) Net Income for 2021 was $255,000. Prepare a schedule to show the income allocation of profit to Winnie, Sarah and Mary. Show your calculations/work for full marks. (11 marks)