Given below are the revenues of government for the second half of year 2010.

Month	Dividend GHS000	Gift tax GHS000	Import duties GHS000	P.A.Y.E GHS000	Company tax GHS000	Loans GHS000	Fees& charges GHS000	Total Revenue GHS000
July	2,000	450	8,550	12,000	16,000	100,000	3,000	142,000
August	1,200	0	7,000	10,400	17,000	0	7,000	42,600
September	1,800	0	6,000	11,000	12,500	20,000	6,000	57,300
October	2,200	850	4,000	8,000	18,000	320,000	5,000	358,050
November	3,200	600	9,500	7,800	10,000	0	6,800	37,900
December	2,000	500	10,000	26,000	14,500	0	4,600	57,600
TOTAL	12,400	2,400	45,050	75,200	88,000	440,000	32,400	695,450

The Controller and Accountant General (CAG) is mandated to transfer at least 5% of the total revenue to the District Assembly Common Fund on quarterly basis for onward distribution to all the Metropolitan, Municipal and District Assemblies (MMDAs). The District Assembly Common Fund Administrator upon the receipt of the transfers from the CAG, disburses 80% of the fund to the MMDAs based on a formula approved as follows:

Factor	Weight (%)
Needs	40
Responsiveness	10
Service presure	20
equalization	30
	100

Assuming that there are only three assemblies in Ghana; Joy Metropolitan Assembly (JMA), Peace Municipal Assembly (PMA) and Love District Assembly (LDA). Below is the factor analysis result of the three assemblies.

Factor	JMA	PMA	LDA	Total
Need	2	3	5	10
Responsiveness	3	4	3	10
Service presure	5	3	2	10
Equalisation	1	1	1	3

Required:

1. Compute the amount to be transferred to the District Assembly Common Fund for the third quarter and fourth quarter respectively in accordance with the provisions of the Local Governance Act 2016, Act 936), using the current rate of 5%.
2. Prepare a statement of distribution of the District Assembly Common Fund to the three assemblies (JMA, PMA and LDA) for the third quarter and the fourth quarter respectively based on the approved sharing