Hello, I am stuck on this taxation and decision making question. Would be grateful for help. Thanks!

The following income statement was prepared for Wang, Wong, Wilson 8: Associates (\"3W Consulting\"), a partnership comprised of three partners who share income and loss equally. Wang, Wong, Wilson 8:. Associates INCOME STATEMENT for the year ended December 31, 2018 Gross revenue $994,250 Less: Professional staff employee $229,000 salaries Salaries to partners (equally paid). 74,000 Rent 42.000 Office supplies................................ 17,000 Client entertainment...................... 5,075 Capital cost allowance 16,222 Donations to charities.................... 250,000 633,297 $360,953 Gain on sale of securities of public $100,000 companies...................................... Dividend income: Dividends received from taxable Canadian corporations................... 25,000 Capital dividends............................ 5,000 130,000 Net income for accounting purposes $490,953 Note that the salaries to the partner were $24,667 each. Note that entertainment expense is 50% deductible. Note that capital dividends are not taxable. The adjusted cost base to Ms. Wilson of her partnership interest was $25,792 at the beginning of the year. Her drawings for the 2018 year were $57,500. REQUIRED A. Compute the partnership income for the year, the income to be allocated to Ms. Wilson and the nature of the income. B. Compute the adjusted cost base to Ms. Wilson of her partnership interest as at December 315', 2018 and as at January 15', 2019