E14.6 Bonus Calculations Partners Sherif and Rafik receive a yearly salary of $100,000 and $120,000, respectively, plus interest of 4 percent on weighted average capital. Partnership income for the year, be- fore any distributions to partners, is $300,000. Weighted average capital balances for Sherif and Rafik are $525,000 and $425,000, respectively. Assume full implementation. Required Calculate the bonus for the year, in each of the following situations: Sherif gets a bonus of 20 percent of partnership income before distributions. b, Rafik gets a bonus of 20 percent of partnership income after salaries and interest. . Sherif gets a bonus of 20 percent of partnership income after salaries, interest, and his bonus