EXERCISES Chris and Darrell are partners. Part of the profit and loss sharing agreement is based on the capital contributed to the partnership. The interest allocation is 8 percent of the invested capital. Chris had a beginning capital account balance of $75,000. He withdrew $20,000 on April 1 and invested $36,000 on October 31. Darrell had a beginning capital account balance of $50,000. He invested $40,000 on April 30, withdrew $25,000 on September 1, and invested $32,000 on December 1. Required: Determine the interest portion of the profit or loss allocation when the: A. Beginning of the period capital balance is the basis for the interest allocation. B End of the period capital balance is the basis for the interest allocation. Weighted-average capital balance is the basis for the interest allocation