Htrae, Yks, and Sduolc formed a partnership at the beginning of the current year by investing $100,000, $150,000, and $250,000, respectively. The partners agreed to share profits and losses as follows: Salary allowances of $4,000 per month to Htrae and $2,000 per month to Yks; interest allowances of 12% of the initial capital investments for all three partners; and the remaining balance is to be shared in a 2:3:4 ratio. During the year, Htrae withdrew $20,000 cash, Yks withdrew $17,000 cash, and Sduolc withdrew $11,000 cash. The business earned a profit of $51,000 during the current year. Here, Yas, and Scuole formed a partnership te beginning of the current year by investing $100.000 $150.000 and $250.000 respectively. The powers agreed to share protes and losses as follows Selayances of 54.000 per month to Hire and $2,000 per month forks, interest allowances of 12% of the initial capital investments for alle partners and the remaining balance is to be shared in a 23:4 ratio. During the year. Here withdrew $20,000 cash. Yas withdrew 17000 cash and Scuole withdrew $1.000 cash The business earned a profit of $51000 during the current year REQUIRED 1. How much net income is allocated to each of the two partners for the year! Sdule Total income location 2. What is the ending capital balance of each of the two partners at the end of the year Sun Ending Capital Balance